Financial Aspects of Retail

Main Topics of Study:

  • The essential role of finance in the business
  • Issues and concepts of financial analysis and control
  • Financial statements: understanding the balance sheet and the profit and loss account
  • Basic stock turn and stock control issues. Analysing stock turn financially for greater profit
  • Expenditure, fixed and variable costs
  • Gross and net profit, mark up and margin
  • Pricing policy