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Topics

Activities

Business viability

	Personal financial position	Personal financial worth Monthly financial commitment
	Starting a new business	Start-up costs
	Purchasing an existing business
	Buying a franchised business	Buying a franchise
	Business establishment costs
	Determining working capital needs	Working capital
	Business legal structures

Budgeting and control

	The budgeting process
	Operating budgets	Research and development Sales budget Production costs budget The purchasing budget Human resources budget The administration and finance budget
	The financial budget
	Asset management strategies

Costing and pricing for your business

Business costs

	Cost volume profit analysis
	Contribution margins and breakeven points	Magz 4 U - Breakeven calculations Sales revenue
	Chargeout Rates	Chargeout rate
	Retailer markup	Retail markup

Managing your business cashflow

	How cashflow works
	Components of cashflow	Stock levels
	Cashflow budget
	What the cashflow budget shows
	Preparing a cashflow budget
	Estimating sales
	Estimating cash inflows
	Estimating cash outflows
	What goes where
	Entering data into a cashflow budget	Cashflow forecast

Taxation

	Business or hobby?
	Business structures
	Australian Business Number
	Tax File Number	Tax File Number (TFN) Withholding declaration
	Goods and Services Tax (GST)

Raising finance

	Debt funding versus equity investment	Debt capital Equity capital
	Debt Finance	Debt finance
	Equity Finance
	Choosing between debt and equity	Choosing debt or equity finance activity
	Taxation implication of debt products
	Preparing to seek finance	Seeking finance

Self tests

	Business viability
	Budgeting and Control
	Costing and pricing
	Costing and pricing calculations
	Managing your business cashflow
	Taxation
	Raising finance