Reference no: EM132939491

Question - Imaging that after finishing your studies you plan to start your own business in consultancy at the intersection of technology and business. To receive the necessary seed funding from banks and funding agencies, you need to present a plan how to organize accounting and finance.

Outline a basic costing system to control costs, check profitability and price products and plan.

Discuss basic cost terms such as Fixed Costs, Variable Costs, Break Even Point, etc. in connection to a startup company.

Discuss how the plan under uncertain conditions.