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Published byAlaina Mason Modified over 9 years ago
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Simple Business Business $ $$$$$$
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Determining More Detail Some money comes into the business. What are some sources of this? Businesses spend money. What do they spend it on?
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Some More Detail Business $ $$$$$$ supplier $ laborer $ materialswork $$$ investments
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Some examples of income Investments Loans Depreciation (tax refund or decrease)
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Some examples of expenses Materials Labor Equipment Maintenance Equipment Rentals Insurance Licenses Advertising
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Understanding Company Performance Are we making any money? Are we making enough money to live off of? Are changes we made recently helping or hurting our performance?
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Tracking Performance What should we use as units of measurement for company performance?
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Tracking Performance What should we use as units of measurement for company performance? MONEY!
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Where MS Office Comes In Generate a business plan and division of labor with PowerPoint. Generate business cards/stationery/logo with Word. Analyze overhead and perform estimates with Microsoft Excel. Play ‘what if?’ Generate forms (e.g. Invoices) with Word. Generate company documentation with Word. Create a simple website with Word.
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