Simple Future Future perfect

We are going to expand the product range By the end of 2024 we will have exanded the product range
(saying now what we are going to do) (says what will have been completed before a date in the future)

We will rescue some cats By the end of the month we will have rescued some cats

We will repay the loan We will have repaid the loan by the March 2030

We hope to open 20 cafes We hope to have opened 20 cafes by 2026


Bookkeeping = the process of posting entries
into the accounts, used as a basis for the annual
financial statements (external users), and
for monthly reporting (usually internal users)
Financial accounting (preparing financial statements
for external users)
Management accounting (preparing financial information
for internal users - to run the business)
Annual report = Jahresbericht contains the
income statemnt, balance sheet and
cash flow statement plus a lot more (
directors report / sustainability report ++).
It is prepared for the benefit of the
shareholders
raise needs an object (The company raises prices)
rise has no object (Prices rise)

Deteriorate means to get worse

much + uncountable noun - not much information

many + countable - not many people

time management is an uncountable noun so do not use "a" (You need good time management , not a good...)

spend time on something / spend time doing something

In the short term, medium term, tong term ( not time)

Discussion of cooperative supermarkets:

I would do it if I had the time (not :if I would have the time). If and would isn´t good!

to generate profit
How would your competitors react? ( eg the Spar next door)
If you are not registered for the course yet you will need to get the details from someone who is registered

I will set up a homework assignment

 D
E Q U I T Y
P I
F R E I G H T N Accounting
E S
C U vocabulary
I T R E N T
A D V E R T I S I N G A
T A N
I V I C
O E T U R N O V E R
N L V
L E G A L F E E S
X N A
P T L
E O A
N R R
S Y I
I N T E R E S T E
S S

Assets minus Liabilities = Equity

Assets = Equity plus Liabilities

Turnover
Machines / Vehicles/Land/Equipment /Software

Freight * Inventory

Salaries (wages)*
Fixed costs Rent * (trade payables owed to
suppliers)
/ overheads
Travel expenses* Loans
Provisions (Rückstellungen)
Insurance*
(operating profit)
Depreciation

Interest
/ (loss) Equity

Operating costs = the regular costs of running your business