Category: Finances

Break-even point

The basics of pricing should lead you to set up a price which in line with your costs would allow you to make a profit. Unit fixed costs decrease with your sales, while unit variable costs are constant with sales;

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Simple pricing strategy using the break-even

Some weeks ago someone asked me about the suitability of opening a stall in the market. Go ahead!, I said to encourage him (I am always keen to entrepreneurship). However, I inquired if he had spent some time looking at

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Basic cash-flow forecasting

From a management acconting point of view cash-flow is a matter of budgeting and monitoring of the cash inflows and outflows.  Accountants will not only be concerned with the preparation of a yearly budget, but its quarterly, monthly, or even

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