I believe that using accounting in our business can helps us a lot and get a lot of advantage. By doing this, we can see were are we spending our money and get a better idea were we can get more money by changing some things. We have applied some of these strategies to see how we are spending our money. By seeing which are our fixed and variable costs, we can see what we can change in the future to try and make more money and having much more profit from our products.
For example, for this weekend our goal is to try and sell ten bracelets. From this we will start to recover from the money we invested in it and conitnue to sell until we can make a profit.