This slide show complements our learner guide NCV 2 Entrepreneurship Hands-On Training by Pieter Bruwer & Nickey Cilliers, published by Future Managers Pty Ltd. For more information visit our website www.futuremanagers.net

1. Entrepreneurship Entrepreneurship - Level 2 Future Managers

2. Module 3: Basic finances Entrepreneurship - Level 2 Future Managers

13. 1.1.4 Profit Entrepreneurship - Level 2 Future Managers Sales 1000 Less: Cost of Sales 600 Gross Profit 400 Less Expenses 300 Net Profit 100 Less: Taxation 30 Net profit after tax 70

45. 1.4.1 Steps to calculate break even sales (R) Entrepreneurship - Level 2 Future Managers

74. 3.1.1 Cash flow calculations Entrepreneurship - Level 2 Future Managers Feb Mar Apr May Jun Jul Money in bank 1000 1 800 2 600 -1 600 12 000 19 600 CD sales (R) 30 000 30 000 30 000 60 000 45 000 45 000 DVD sales (R) 2 500 2 500 2 500 5 000 5000 7 500 Total Cash in 33 500 34 300 35 100 63 400 62 000 72 100 CD costs 18 000 18 000 18 000 36 000 27 000 27 000 DVD costs 1 700 1 700 1 700 3 400 3 400 5 100 Other costs 5 000 Fixed costs 12 000 12 000 12 000 12 000 12 000 12 000 Total cash out 31 700 31 700 36 700 51 400 42 400 44 100 Closing bal 1 800 2 600 -1 600 12 000 R19 600 R28 100

76. Activity 8: Blondie Entrepreneurship - Level 2 Future Managers Months Estimated income Estimated purchases March R8 000 R 3 000 April R3 000 R5 000 May R5 000 R2 000 June R6 500 R4 000

78. Activity 8 (Solution) Entrepreneurship - Level 2 Future Managers Mar Apr May Jun Money in bank 0 1 550 -2 650 -3 100 Sales 8 000 3 000 5 000 6 500 Total Cash in 8 000 8 000 2 350 3 400 Purchases 3 000 5 000 2 000 4 000 Other costs 700 250 250 250 Other costs 450 120 Fixed costs 2 750 2 750 2 750 2 750 Total cash out 6 450 8 000 5 450 7 129 Closing bal 1 550 -2 650 -3 100 -3 720