Practical Management for Career Readiness

Essentials of Entrepreneurship: Thinking & Action

Module 2

with David Standen, D.B.A

Financial Equation

Financial Equation

Income = Revenue Cost

Financial Equation

Income = Revenue Cost

Revenue = Price X Volume

Financial Equation

Income = Revenue Costs

Revenue = Price X Volume

Costs = Fixed Costs + Variable Costs

Financial Equation

Income = Revenue Costs

Revenue = Price X Volume

Costs = Fixed Costs + Variable Costs

Monthly bills occurring constantly

Financial Equation

Income = Revenue Costs

Revenue = Price X Volume

Costs = Fixed Costs + Variable Costs

Monthly bills occurring constantly

Can be hidden and less clear

Business Tools for Career Readiness

For More Information Consider Also Taking Finance for Non-

Financial People in:

Slide Number 1Essentials of Entrepreneurship: Thinking & ActionModule 2Financial EquationFinancial EquationFinancial EquationFinancial EquationFinancial EquationFinancial EquationSlide Number 9Business Tools for Career ReadinessSlide Number 11