Activity for Application 1.

You want to invest in your private accommodation for the next year but you do not have enough money so you decide to take a loan. Think of all things you can do to achieve the best interest rate for your loan.

Activity for Application 2.

Go to and open the cash flow templates on pages 54, 55. Adjust the revenue and expenditure categories according to your business and fill in the table.

What where the main difficulties you faced when filling in the table?
How will this help you to schedule and manage your expenditures and receiving payments?
What can you change in order to reduce unnecessary expenditures?