Beginner business terms

Basic finance simple explanations

Instructions: Each row makes one card. Cut along the double lines and fold along the single lines. Then glue or tape the sides together.

Expenses	Money spent to sell products and keep the business going
Cost of Sale	Money spent to get your product ready for selling
Sales	How much money you make from selling your product or services to customers

Debtors	Customers who owe you money
Creditors	People you owe money
Bottomline	Net Profit or money left in the business after all expenses and costs have been paid
Cashflow	Movement of money in and out of the business you have in the business