A simple guide to income elasticity of demand (YED) for Business students. Learn what YED means, how incomes affect demand, and explore real business examples with questions to build understanding.

Imagine opening Instagram and seeing this option: 👉  “Pay £3.99 a month to remove all ads.” That’s exactly what Meta, the company behind...

If you're revising for your Business exam and break-even diagrams still feel confusing, you're not alone! Let's break it down step-by-step, so you can walk into your exam feeling confident.

Understanding liquidity ratios is crucial for evaluating a company's financial health.

One of the methods Apple employs to achieve this is the reducing balance depreciation method.

In this article, we'll dive into what the Liquid Capital Ratio is, why it's essential, and how to calculate it.

Among the various methods of depreciation, straight-line depreciation is one of the simplest and most widely used.

Managing your company's finances is a crucial aspect of running a successful business.

If you've ever wondered what the lifeblood of any business is – its income.

An overdraft is a financial service provided by banks that allows individuals to spend more money than they have in their bank account.

For many people, owning a home is a dream they strive to achieve. However, the high costs associated with buying a property can make it...

We'll explore what a current account is and delve into the features of four popular options: Premium, Student, Basic, and Standard

Liquidity ratios are essential financial metrics used to evaluate a business's ability to meet its short-term obligations. In this blog...

In the world of finance and business, understanding the concept of depreciation is crucial. Depreciation refers to the decrease in value...

As business teachers and students, understanding the intricacies of financial management is essential for achieving long-term success....

In the dynamic world of business, understanding consumer behavior and market demand is crucial for success. One key factor that...

Interest rates are a ubiquitous force that influences our financial lives in more ways than we may realise. Whether it's the interest we...

In the world of business, there are many different functions that work together to achieve success. These functions are often referred to...

Revenue is an important business metric because it shows how much money a business makes from selling goods or services. Businesses use...

Profit and loss calculations are an important part of running a business. Profit is the amount of money a business has left over after...