Overview
The aim
To enable managers to control the relationship between cost, price and volume.
About the programme
Three factors determine profit - cost, price and volume. What isn't so simple is balancing the relationship between the three.
If the mere mention of fixed and variable costs, break-even points, contribution, depreciation, or marginal and total absorption costing, brings a glazed look to your eyes it is likely that you need to see this witty and brilliantly simple explanation! Using plain English and humour, this programme will teach those with no prior knowledge of finance how to calculate costs and to understand the importance of controlling expenditure and revenue.
The key outcomes
-Learn how costs are calculated and their effect on your business
-Learn how to manage finances more effectively
Training resources include:
Video (23 mins)
Discussion guide (PDF)
Information:
A Video Arts production featuring John Cleese and John Bird.
