Garage EconomicsLaajuus (4 cr)

Objectives

Students master the basics of garage business management.

Students are able to:
- calculate cost of products and services
- calculate correct price according to the company profitability targets
- calculate cash flow and make a budget accordingly
- calculate the effect of investments on costs, prices and profitability

Content

Garage business idea and business plan, cost management, cash flow, budgeting and accounting.