Costing, Pricing and Cash Flow

Many small businesses are busy every day and still struggle to pay their bills. The owner works hard, customers are happy, but somehow there is never enough money. Usually the problem is not the product. It is that the owner does not know what each item really costs, has set prices too low, keeps no records, or mixes business and personal money until nobody can tell what is happening. This course teaches you to work out fixed, variable and unit costs, set prices using cost-plus and market methods, understand markup and margin, calculate gross profit, net profit and break-even, keep a simple cash book, check it against your bank statement, forecast your cash flow, manage customers who pay late, keep business money separate and use credit wisely. The course is fully online and self-paced. Each lesson has a short activity in your workbook, with worked numbers you can check. You finish with a practical task on a real-life business and a final assessment, and you receive a MetaCo Certificate of Completion that you can add to your CV.