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Revision Presentation - Cost Basics

Jim Riley

30th December 2012

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This revision presentation looks at the key concepts of business costs. What are the main types of business cost and how can they be categorised? Why is the distinction between variable and fixed costs so important? Why do new businesses often find it hard to estimate the costs of the business - particularly in the startup business plan?

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.