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I-events financial health
Essay specific features
Written by:
Ronnie V
Date added:
December 3, 2013
Level:
Grade:
A
No of pages / words:
4 / 953
Was viewed:
10233 times
Rating of current essay:
Essay content:
For a small business it has a healthy Sales figure as the Gross profit margin 58.35% meaning for each event they take on board they will take in 58.35% of the payment to cover the cost of operations or profit for the business, with a cost of sales being 41.65% per event gives I-events a healthy gain to their business for every event which is planned, making this business’ product very efficient, now the possible problems on the business are the expenses and the number of clients...
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First I shall look at the expenses of the operation.
Looking first at the total expenses of ?96,010 which is almost 50% of total sales figure (49.2%) a rather large percentage of amount of money coming into the business. The highest value and most notable expenses is the wages is the salaries and wages of the employees being ?77,000...
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