A-Level AQA Business Revision: Unit 1(Part 10) : Break Even
Break even - When the business is not making a profit or loss, but making enough to cover the costs. Example of break even: Sales =...
A-Level AQA Business Revision Unit 1(Part 9) : Not-For-Profit Businesses
Social Enterprise Organisation - A type of business that has social aims which are more beneficial/important than making profit A SEO is...
A-Level AQA Business Revision Unit 1(Part 8) : Legal Structures - Companies
Company - An incorporated business that is controlled, owned and financed by numerous people. A company has limited liability. There can...
A-Level Edexcel Economics Unit 2 Key Words
With the Economics Unit 2 exam this Tuesday, and along with advice from some friends, I've decided to compile all the key words in Unit...
A-Level AQA Business Revision Unit 1(Part 7) : Legal Structures - Sole Traders & Partnerships
When a business starts up, they have to decide upon which legal structure they use. These are: Sole trader - The business is owned,...
A-Level AQA Business Revision Unit 1(Part 6) : Developing Business Plans
A business plan is of the utmost importance to a business. It helps them obtain a loan to get the business underway and keeps records of...
A-Level AQA Business Revision Unit 1(Part 5) : Added Value
Adding value adds extra pricing to the product, and allows the business to generate greater revenue due to the higher price. If a...
A-Level AQA Business Revision Unit 1(Part 4) : Franchises
A franchise is described as a person or company who has paid to become part of an established brand. Being a franchise enables the person...
A-Level AQA Business Revision Unit 1(Part 3) : Generating & Protecting Business Ideas
Protecting an idea is vital. If a firm comes up with an excellent idea or invention, if it isn't protected, it's competitors can steal it...
A-Level AQA Business Revision Unit 1 (Part 2) : Revenue, Costs & Profits
There are several costs that can be applied to a business. This expenditure can come from: - Tax -Electricity -Raw materials ...
