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Title Financial Management. [Kanopy electronic resource]

Publication Info. [San Francisco, California, USA] : Kanopy Streaming, 2014.
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Description 1 online resource (1 video file, 32 min.) : digital, stereo., sound, color.
digital
video file MPEG-4 Flash
Event Originally produced by TV Choice in 2009.
Summary The film explains how two very different types of business manage their finances - high-flying salad bar chain Tossed and SRA, a social enterprise dedicated to helping people with mental health problems to get back to work. SOURCES OF FINANCE: Before you can do anything you need money. Tossed founder Vincent McKevitt deliberately avoided selling equity in his business, relying instead on loans from wherever he could get them. By contrast, as a social enterprise, SRA's sources of finance are a bit different from your average business - undertaking contract work for primary care trusts. CASH FLOW: Tossed has to estimate how much money they'll get in and, vitally, when they think they'll get it - the essence of cash-flow. At SRA budgeting is crucial to its financial control. More important at Tossed are breakeven figures for each of its salad bars - essential to boss Vincent's plans for expansions. PROFIT & LOSS: Tossed boss Vincent wants to do more than just survive - he wants to make a profit, and to know how much profit he's making. The balance sheet and the profit and loss account provide a guide to the financial health of the business. Making sure it gets its money in on time is vital to SRA's cash flow. But not everyone pays on time. Some don't pay at all! That's why it has to have an efficient system of credit control.
Original Version Produced [London, England] : TV Choice, 2010.
System Details Mode of access: World Wide Web.
Subject Small business -- Finance.
Cash flow -- Accounting.
Small business -- Costs.
Business enterprises -- Finance -- Case studies.
Financial management.
Risk assessment.
Added Author Kanopy (Firm)
Music No. 1064929 Kanopy
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