Introduction

Capital expenditures are used to purchase “fixed” assets (land, buildings, machines). The cost of these items is one price at the time of purchase. Revenue expenditures are used to keep paying for things needed to run a business (rent, salaries, raw materials, etc.).  The cost of these recurring expenses may change every time a business pays for them.

 

A business can secure the money needed for these expenses through internal sources (personal loans or selling things the company owns, etc.) or external sources (bank loans, “business angels”, etc.).

Course curriculum

  • 1

    Program Information & Support

    • Please Check Now That Your Phone Is In Your Bag. Please Stay For 40 Minutes Of Learning & Sign Out For The Bathrrom During The Last 5 Minutes of Class.

    • Only Use The Laptop Assigned To You. Return To Assigned Slot With No Slack Cord.

    • Please Don't Disrupt Our 40 Minute Work Cycle. Leave For The Bathroom During The LAST 5 MINUTES Of Class.

    • Supply Check Is On The First Resource Bank Day Of Each Quarter

    • How Well Are You Demonstrating The IB Learner Characteristics? Which Is Your Strength & Which Challenges You The Most?

    • Do You Skip Class?

    • Fact Sheet Packet Of Class Policies- Please Scroll Through And Review Again

    • Meet Your Teacher: Dr. Eva Bogard

    • You Should Do An Internship Every Year Until You Graduate From College

    • Welcome IB Business Management Student

    • Here Is The Master Plan...

    • The IB BM Program Consists Of 5 Units With A Total Of 40 Total Chapters ("Courses") That You Are Responsible For Learning

    • The Official IB Business Management Guide & Syllabus

    • The Full IB BM Textbook Is In TEAMS

    • Chapter Work Cycle =The Same 7 Day Format For Each Chapter. You Always Know What We Are Doing In Class & What Is Assigned For Homework.

    • DUE DATES & DEADLINES

    • Late With A Good Reason Is Still Late (Missing Work Submitted After 5 Calendar Days = 0%).

    • Your Makeup Day From An Absence Is The Following Class Day. Read Instructions Carefully & Review Policies When Absent.

    • Finished Early? Don't Pack Up! Do This ...

    • Finished Early? Keep Track Of Current Events In The Business World

    • Business Careers List: Which Is A Good Fit For You?
  • 2

    The Notebook Project - A Daily Learning & Study Tool

    • Read The Rules For Your Notebook Project Before Every Grading Day. This Paper Must Be Stapled Onto The Inside Cover Of Each Composition Notebook

    • Your Notebook Project Helps You Build Strong Attention To Detail. This Is A Valuable Life Skill.

    • LOOK: Page-By-Page Visual Instructions To Help You Earn a 100% On Every Notebook Project.

    • A 100% Notebook Project Sample - Make Yours Just As Nice.

    • A 100% Notebook Project Sample - Compare Yours.

    • Notebook Checklist & Reflection Sheet (The Blue Sheet). Complete & Staple Onto The Last Page Of Your Chapter Notes BEFORE Scoring Day. This Blue Color Checklist Is Available In Class Or You Can Print It Yourself.
  • 3

    Start Your Notebook Project By Outlining This Chapter. Then Outline A Long IB Exam Answer Using A Spider Map.

    • New 3.1 Chapter = 2 Headings

    • Instructions For Combining The First Assignments

    • New 3.2 Chapter = 16 Headings

    • Can You Listen To Music? Yes, But Only If You Follow All The Rules.

    • LOOK: A Visual Guide For How To Create Your Outline. There Are Also Samples Posted In The Notebook Section Above. Great Attention To Detail = 100%

    • How To Draw A Spider Map

    • Video: Watch A Spider Map Being Created (Best Study Tool)

    • LOOK: This Is What A Great Spider Map Looks Like. Use This Sample As Your Model.
  • 4

    "RESOURCE BANK" = Topic Lessons (51) Begin Below this Point:

    • Welcome To The Unit On Finance!

    • No Music On RB Days. Plug In Your Ear Buds. Place Them In Your Ears & Use Them To Listen & Learn From The Video Lessons.

    • What is the Resource Bank?

    • Review The Instructions For This RB Assignment.

    • Take Good Notes - These Posts Contain The Content You Want To Write On The IB Exams

    • LOOK: This Is What A Great RB Page Looks Like. Use This Sample As Your Model.

    • Important Detail: Remember To Highlight The RB Section Titles & Number All Posts Consecutively

    • RB = 6 Sections & 51 Posts (= 3 RB Days + HW)

    • Unit 3 Overview Poster

    • What You Should be Able to Do By the End of This Chapter
  • 5

    The Role Of Finance For Business

    • Video: What Is Money?

    • Visual: What Does "Capital" Mean?

    • What Does "Finance" Mean?

    • Why Might Finance Be Required?

    • Introduction to IB Chapter 3.1

    • Video: Examples of Capital and Revenue Expenditures

    • Key Terms Handout: Revenue Expenditure versus Capital Expenditure

    • Video: What Is The Difference Between Capital Expenditures And Operating Expenditures?

    • Video: Understand Working Capital

    • Video: Why Do Companies Need Finance/Money?
  • 6

    Internal Sources Of Finance

    • Introduction To Sources Of Finance

    • Handout: Summary of the Six Sources of Internal Finance
  • 7

    External Sources Of Finance

    • Visual: All Internal and External Sources of Finance

    • Handout: Summary of the Fourteen Sources of External Finance

    • Video: How Does A Business or Organization Find Corporate Sponsorships?

    • Video: How Do Pre-arranged Overdrafts Work?

    • Video: How Do Loans Work?

    • Video: How an Entrepreneur, a Business Owner and an Organization Prepare for a Bank Loan

    • Video: What's the Difference Between an Overdraft and a Loan?

    • Video: What is a Mortgage? (People Use This to Buy a House & a Business Uses It to Buy a Store or Building)

    • Video: Which is best? Buy, Lease or Rent Business Equipment?

    • Video: Quick & Simple Explanation of "Sale-Leaseback"

    • Video: What is a "Hire Purchase"?

    • Video: Debt Financing vs. Equity Financing

    • Exam Tip! (Advantages of Going Into Debt vs. Advantages of Giving Away Your Equity)

    • Video: How Does a Business Use Trade Credit To Obtain Its Supplies or Inventory?

    • Video: Why Would a Supplier Need Trade Credit Insurance?

    • Video: What Are Government Grants?

    • Video: What Are Government Subsidies? (Potentially Controversial)

    • Video: How Does A Business Get Financing From A Venture Capitalist? (think: Shark Tank or Dragon's Den)

    • Advanced Explanation of Venture Capital vs Private Equity

    • Advantages & Limitations Of Choosing VC or PE Funding

    • Video: What Are Angel Investors and How Do You Find One?

    • Video: What Are Stocks?

    • Video: What is Share Capital and How Does A Business Get This Money?

    • Video: What is an IPO? (Initial Public Offering)

    • Video: Why Do Companies Issue Shares? (Exam Details)

    • Video: Quick and Simple Explanation of Factoring!

    • Video: How Does Debt Factoring Help Finance Small Businesses?

    • Video: Details Concerning Debt Factoring

    • Video: Exam Review Of Debt Factoring

    • Handout: Debenture versus Loan (What's the Difference?)

    • Video: What Is A Debenture?

    • Handout: Four Advantages and Four Disadvantages of Debentures (Exam Answer)

    • Read: How Debentures Work At Top Schools In Hong Kong
  • 8

    3 Terms of Finance: Short, Medium, Long

    • Handout: Three Different Lengths of Time For Finance
  • 9

    Expenditures (Also Good For Your May Exam Review)

    • What's The Difference Between Capital Expenditures & Revenue Expenditures? (= Two Ways To Spend The Company's Money)

    • Video: Test Yourself On The Difference Between Capital Expenditure & Revenue Expenditure
  • 10

    Finance & The CCES Concepts (Creativity-Change-Ethics-Sustainability)

    • Keep Your Earbuds Plugged In All Period & Listen Carefully To Each Video Lesson. No Music- It's Still A RB Day.

    • Handout: The Six Factors Influencing The Choice Of Finance

    • Infographic: Mnemonic Device For Sources Of Finance

    • Video: Summary of All Sources of Finance

    • Video: Overview Of Sources Of Finance = Exam Answers

    • Video: The 9 NEW Types Of Business Capital for Entrepreneurs

    • Review The Instructions For The CCES Assignment.

    • Read These CCES Definitions. If You Write Them On Your May Exams You Get Credit For Clear Evidence of "Synthesis & Evaluation"

    • Your CCES Assignment Begins At The Top Of A New NB Page: Title= CCES, Then Write 4 CCES Impact Statements For This Chapter Following The Model.

    • LOOK: This Is What A Great CCES Page Looks Like
  • 11

    Case Studies Assignment: This Is Your Practice For The Senior May IB Exams.

    • This Was The Real May 2024 IB BM Standard Level (SL) Paper 2 Exam. Get A Feel For It Now. Know That We Are Preparing For It Every Day In Class & For Homework So You Will Have The Best Chance Of Earning Your Best Score.

    • This Was The Real May 2024 IB BM Higher Level (HL) Paper 2 Exam. Get A Feel For It Now. Know That We Are Preparing For It Every Day In Class & For Homework So You Will Have The Best Chance Of Earning Your Best Score.

    • Exam Tip: Paper 2 Section B (2024-2028)

    • Step-By-Step Instructions For Doing Your Case Studies As Practice For Your Senior May Exams

    • LOOK: This Is What A Completed & Corrected Case Study Analysis Looks Like. Use This Sample As Your Model.

    • See How The IB BM Command Terms Are Organized

    • What Are Command Terms & Why Are They Important?

    • Old Command Terms List = Rules for Answering Test Questions

    • New Command Terms Definitions List (2024+) = Directions for Answering Test Questions

    • Chapters 3.1 & 3.2 Have A Total Of 5 Case Studies. Choose & Complete At Least 3

    • Finished Early? Don't Pack Up! Do This ...
  • 12

    Review Day Activities + Presentation Day

    • Read & Follow These Review Day Instructions

    • Watch The 3.1 Chapter Review With Mr. L

    • Watch Mr. B's 3.1 Review

    • Watch The 3.2 Chapter Review With Mr. L

    • Watch A Quick 4 Minute Review Of Everything

    • EXAM TIP!

    • Read & Review The Key Terms For This Chapter (Each of these should make sense to you now)

    • What Should You Do If You Get Stuck On A Question? Don't Skip It! Do This...

    • Homework: Both Chapters Are Due On The Same Presentation Day

    • LOOK: This Is What A Great Chapter Review Page Looks. Use This As Your Model.

    • New 3.1 Review Worksheet With 3 Tasks & No M/C (You Must Also Do The 3.2 Review Questions Posted Below)

    • New 3.2 Review Worksheets With 5 Tasks & 15 M/C (Please Remember To Also Answer The 3.1 Review Questions Posted Above)

    • Presentation Day Instructions

    • Quizlet

    • Have You Achieved the Key Learning Outcomes?

    • You Are Almost Finished!

    • Don't Forget The Last Piece!

    • Finished Early? Don't Pack Up! Do This ...

    • Study The May IB BM Exam KEY TERMS
  • 13

    3.1 & 3.2 Quiz Day: Write Your Score In Your Notebook At The Top Of The Shark Tank Page In Red Ink.

    • Quiz Day Schedule Of Activities

    • Come Here On Quiz Day If You Are In The Classroom - Makeups Are On The Day You Return

    • You Must First Enroll In The Shark Tank Course

    • After The Quiz, Do The Assigned "Beyond The Tank" Work. If You Have An Excused Absence For Today, You Are Also Excused From This Assignment (Write "ABSENT" With The Date On The Notebook Page)

    • Blue Sheet Instructions. Pick Up A Blue Checklist & Reflection Handout To Complete & Staple Into Your Notebook

    • Due Today On Quiz Day (Before Midnight) Is Your Completed Chapter Notebook Project
  • 14

    For Later: This Is For May Exam Practice. Do These Practice Questions Before Your May Exams (Don't Look At The Markscheme Until You Have Written A Complete Answer)

    • Exam Practice: Capital Expenditure & Revenue Expenditure

    • Exam Practice: Sources Of Finance