Gcse Business 1.3 Putting A Business Idea Into Practice Questions And Answers 100% Verified A+ Guaranteed

Repayments {Ans: The monthly payments on a loan.}Survival {Ans: The objective set when your business is new or just trying to make it through each day.}Social Objectives {Ans: Objectives that are set to try and make things better eg reducing carbon emissions. To do good in the world! :-)}Closing Balance {Ans: The amount of money a business has at the end of the month.}Net cashflow {Ans: The difference between cash inflows and cash outflows.}Trade Credit {Ans: Where suppliers allow you to buy now and pay later.}Independance {Ans: Setting up a business so you get to make all your own decisions}Market Share {Ans: The proportion of sales in a market that are taken by one business}Cashflow Forecast {Ans: A prediction of how much cash will flow through the business.}Cash Inflows {Ans: The cash flowing into a business, such as revenue.}Loan {Ans: Borrowing a sum of money which is then repaid over a period of time with interest.}Retained Profit {Ans: Profit which is kept back by the business and will be used to pay for future investment.}Not for Profit Organisations {Ans: Businesses set up with the sole aim of