Enterprise - Accounting and finance

Money makes the world go round and that is certainly true for any business enterprise.

To operate successfully a business needs finance and whether that comes from investment, venture capital, a bank loan, or personal savings any business worth its salt will want to keep an eye on cash flow, mark-up, break even points, margins, and its profit and loss account.

Often in the Den entrepreneurs get muddled between gross profit and net profit, assets and liabilities.

Business performance can be measured using ratio analysis and when it comes to working out a return on investment an investor will need to know about any dividends on offer and the VAT that has to be paid.

Next: Do you know the difference between a wage and a salary, a fringe benefit and a bonus? The good people in Human Resources do.