I-Events Financial Health
I-events
Financial Health
I-events is a small events company which was established only two years ago the financial information I have been provided span over the second year of business, I will look at all the information I have produced to assess the financial health of I-events.
The first figure that I shall look at is the sales, which is £195,000. For a small business it has a healthy Sales figure as the Gross profit margin 58.35% meaning for each event they take on board they will take in 58.35% of the payment to cover the cost of operations or profit for the business, with a cost of sales being 41.65% per event gives I-events a healthy gain to their business for every event which is planned, making this business’ product very efficient, now the possible problems on the business are the expenses and the number of clients. First I shall look at the expenses of the operation.
Looking first at the total expenses of £96,010 which is almost 50% of total sales figure......
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Approximate Word Count: 918
Approximate Pages: 4 (250 words per double-spaced page)
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