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In order to understand profit and loss you first need to understand what makes them.Profit / Loss = Total Revenue - Total CostsOnce again you need to question what makes up Total Revenue ...

Break even is the point in which total revenue and total costs ( fixed and variable) are the same. At this point no loss or profit is made, the company ' breaks even'. 

It is used by mana...

Primary research are also known as the 1st handed research which are the researches that you carried out on your own for a speciafic question or findings such as doing survey on the street or via inter...

Sole traders and Partnerships are an example of unincorporated businesses.

A sole trader is set up, owned and run by one person, such as a traditional corner shop.

A partner...

- Bring in expert business knowledge with specialist experience giving the start-up a good chance of survival in the business world.

- No debt of money, venture capitalists usually only a...