Tag Archives: Finance

Internal / External Sources of Finance – GCSE Business Studies Revision


Internal Internal sources of finance come from inside the business Retained profit is profit that has been retained… obviously (It’s kept by the business instead of being dished out to shareholders) Sale of assets is when assets are sold Lease … Continue reading

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Interest Rates – GCSE Business Studies Revision


What is Interest? It’s what you have to pay to borrow money Banks lend out money and charge interest on it, so you have to pay back extra at the end of your loan The interest rate shows the percentage … Continue reading

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Motivating Staff – GCSE Business Studies Revision


What’s Motivation? To be motivated is to have the commitment to do something and wanting to It is important to keep your employees motivated (you don’t want them slacking!) You can motivate them with monetary (cash) rewards or non-monetary (not … Continue reading

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Training Staff – GCSE Business Studies Revision


This revision content is also in a video on my YouTube channel: I give my YouTube channel permission to feature this content in a video and monetize it. Why Train Staff? There’s no limit to what you can teach them! New … Continue reading

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Decent Delivery – GCSE Business Studies Revision


This revision content is also featured in a video on my YouTube channel! (I give permission for my YouTube channel to monetize this revision content) What Will I Need? It’s important to keep accurate records and deliver on the agreed … Continue reading

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Customer Focus – GCSE Business Studies Revision


Customers are important to a business because: Without them the business could not exist Satisfied customers will come back for repeat business Keeping customers happy will improve the reputation of the business Customers give businesses massive free advertising by word … Continue reading

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Starting a Business – GCSE Business Studies Revision


This content is also in a video on my YouTube channel: (I give my channel permission to monetise it and feature it in a video) Why would someone start a business? To make money To work on their own – not have … Continue reading

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