Business: Finance

• A financial plan of action normally covering a specific time period

  Budgeting
• Managers start with nothing and must justify their spending


  Zero Budgeting
• Internal Finance - Sale of assets, Owners’ capital, Reinvested profit
• External Finance - Bank loans, Overdrafts, Debt factoring, Venture Capital
• Opening stock + Purchases - Closing stock


  Cost of Sales (On trading account tables)