This looks at a cafe during the establishment and growth phases over the first year. Discussions were held with the owner and staff on the ups and downs of starting a business, the plans, changes and adaptation that had to be made, the importance of a good chef and service staff and the desire to never give up even when not enough profit is being made. This is a cafe wine bar in Sydney called Roasted Grape but could be a similar business in the USA...

v. 1. What are budgets? How do they work? In Blakeway Ltd budgeting is vital to their manufacturing plans - but budgets depend on sales forecasts which are notoriously unreliable. Variance analysis is used to track the difference between estimates and reality. Budgets can be used to make staff more accountable and set priorities - but sometimes managers use up current budgets simply for fear of losing their money next year! --v. 2. A manager uses...

PART 1 Introduction Change in business is nothing new – it’s the pace of change. The digital revolution has destroyed old businesses and created vast new empires. To survive, organizations must be quick to adapt – but people, generally, don’t like change. How can change be best managed?. Drivers Of Change: these might be threats or opportunities, they may come from inside or outside the organization, they may involve a merger or restructuring...

The Naked Brand is a story about how corporations can help save the planet one small step at a time. It's an introduction to a bright new future where companies tell the truth and work hard to create better products and a better planet. Corporations have incredible influence on the world we live in and that's given them free reign to pollute, collude and mislead us, but advances in technology are rapidly making them accountable not just to shareholders,...

In this WatchIT On the Horizon program, The "Five Big Bang" theory of the internet, Peter Vogel, a technology expert and attorney from the firm of Gardere Wynne Sewell LLP, based in Dallas, Texas explores the evolution of the Internet and provides interesting insights about its history and where it might be headed in the future. Mr. Vogel has been involved with the computer industry and electronic data since 1967. As a lawyer for the more than 30...

v. 1. How does a business choose between different sources of finance? Is it always better to get money from inside the company than get an overdraft or loan or to sell shares in the firm? And what are the pros and cons of selling assets to raise finance? --v. 2. Divine Chocolate found its funding in a novel way - by giving an ownership stake to the cocoa farmers which supply its beans. This source of finance fits well with the fair trade company's...

Explore the world of trade-offs and learn why issuing debt instead of equity can actually increase the value of a firm; why you should always consider the Weighted Average Cost of Capital of your investments; and how convertible bonds attempt to capture the best of both debt and equity..

Professor Roberto introduces you to the three paths that lead to competitive advantage and four basic competitive strategies. Then, using case studies including JC Penney, IBM, and Dell, he explains both the dangers of straddling between competitive positions..

Reconsider your entire approach to your finances. Life cycle theory is a framework for making financial decisions at different stages in your life, and it offers sound guidance for saving, borrowing, and investing across time. In other words, it's about making sure you get the most out of your money from young adulthood through retirement.

Begin your focus on finance with an insightful look at the time value of money. Along with basic concepts and terminology (including risk and present/future value), you’ll learn about the five types of cash flows that should be in the business student’s toolkit, including lump sums, annuities, and perpetuities..