1. http://www.youtube.com/watch?v=_QvguJJNil A

2. Sources of Revenue and Costs If you own a pizza restaurant, What happens when you sell one? What happens when you order more dough balls?

3. Revenue = income coming into the business from sales, through a grant, the leasing of premises or interest on money in the bank. Costs = any payments that are made from a business, for example telephone bills or the manufacture of products to sell.

4. Complete the worksheet stating the businesses revenue and costs…

5. Start Up Costs and Running Costs Start up costs are costs that a business has to cover when it is first set up. For example… Running Costs are costs that the business must pay regularly (once a day, week or month). For example…

6. CostStart Up CostRunning Cost Dough Balls Knives Coca-Cola Chairs Tables Pizza Oven Electricity Forks Start- up Costs and Running Costs

7. Just Checking… Primary Sector? Secondary Sector? Tertiary Sector?

8. Bed and Breakfast Sources of revenue Start Up Costs Running Costs