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Fixed costs

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on 21 November 2013

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Transcript of Fixed costs

Fixed costs
Fixed costs are where you need to pay them no matter how much money you make.
Variable costs
Is where the costs you pay individually and changes depending on what you are selling.
Running cost
Running cost is the money you pay weekly or monthly to keep the business running.
Start-up costs
Is money you spend to start up the business.
Examples:
Bills
Rent
Electricity
gas
Examples:
Packaging
Flavouring
Examples:
cleaning materials
stock
staff wages

Examples:
Till
Flooring
Advertisements before opening the business.
Shelves
Break-even
the point or state at which a person or company breaks even.
Examples
Full transcript