Watch the following videos and learn the basics of fixed and variable costs. Remember this is basic training for understanding some of the terms in the Idea Composer. It is the starting point for elementary business finance designed specifically for first time entrepreneurs starting their own business.
|Lesson 1: Gross Profit I - Introduction to the basics|
|Lesson 2: Gross Profit II - More about Fixed and Variable Costs and the Break-Even equation.|
|Lesson 3: Budget and Fixed Costs (fundamentals on budgeting and fixed costs)|
|Lesson 4: Sales Forecasting - How to forecast sales|
|Lesson 5: Recurring Revenue Calculator (for use with the Idea Composer)|