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You have chosen to set up a News Agency in Southall. You will be selling newspapers, magazines, as well as confectionary, stationary, occasional cards etc. The name of your business is 'Rattan's News Agency'.
Member rating: No Rating | Words: | Submitted: Fri Aug 22 2003
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To: News Agent From: Renu Rattan Re: Setting up a News Agency - Task 1 You have chosen to set up a News Agency in Southall. You will be selling newspapers, magazines, as well as confectionary, stationary, occasional cards etc. The name of your business is 'Rattan's News Agency'. 1.1 - Fixed Costs These costs are ones that remain the same, even when demand and sales levels change. You will have the following fixed costs: 1.1.1 Property/Rent - This is the cost to buy or hire the property you wish to sell your products at. This is a fixed cost, as the price of rent will remain the same no matter how much you sell, as it is not affected. This will be about £500 - £1000 a month (depending on where the property is situated), you will only need a small property. 1.1.2 Till/Account Books - You will need these to keep a track of sales and money (expenses...
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