Break even analysis
Posted by Maddie Williamson in Jul, 2014
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What is Break Even Analysis? Break even Analysis is defined as the point that determines whether the business is making a profit or a loss. To be specific a profit in relation to break even analysis is zero and can be simplified but total costs (expenses) and total sales (revenue) are equivalent to one another. […]
Post Tagged with WHS Law in Australia
Posted by Maddie Williamson in Jul, 2014
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What are WHS laws in Australia? Work place health and safety laws in Australia changed on the 1st January 2012 to gradually harmonise across Australia. WHS laws are a set of rules (codes of conduct) set for various duties that both workers and the public must abide by when in contact with a workplace. What […]
Operational Plans of a Business
Posted by Kahlee Mace in Jul, 2014
What are operational plans of a business? An operational business plan is a written document that describes the nature of the business, the sales and the marketing strategy which is optimal for success. It provides the vision, directions and goals for the organisation. An operational business plan is not a means to securing financing; however […]
Marketing Strategies
Posted by Isabella Gonsalves in Jul, 2014
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What are marketing strategies? Marketing Strategy is the activity of selecting and describing one or more target markets and developing and maintaining a marketing mix that will produce mutually satisfying exchanges with target markets. Successful marketing strategies should come from market research and focus on the right product mix to achieve the highest profit potential […]
Break even analysis
Posted by Hayden Michel in Jul, 2014
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What is the break even analysis? Break even analysis is an analytic process that determines the point where the costs of producing revenue (expenses, and certain liabilities) equal the revenue raised by the product. In other words the product or business has not made a profit or loss. This is a very useful tool in […]
Business registration in Australia
Posted by Hayden Michel in Jul, 2014
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What is business registration in Australia? Business registration in Australia is the processes and systems put in place by the government to keep an eye on who is behind the businesses in Australia for tax and legal reasons. By doing this the government and the public can access the business’s operational information such as who […]
