Unit 1

• Small businesses advantages
• Large business advantages
• Large businesses disadvantages
• Strengths of family businesses
• Weaknesses of family businesses
• work force planning

Finance

• What are the limitations of published accounts?
• Limitations of these accounting ratios
• Uses of break even analysis
• Limitations of break even analysis
• Liquidity
• Profit margins

Nature of operations

• Benefits of labour intensive
• Benefits of capital intensive