Learning Outcomes; 6A2
I was really shocked when I looked at the profit and loss of HAWRAF over a three year period.
Total Income;
2016 - $36,700
2017 - $283,044
2018 - $469,196
I couldn't believe the jump up between their first year and second - they earnt $246,344 more in their second year compared to their first! This shows just how much your business can expand and increase over a short period of time.
Then, from the second year to third year, their income almost doubled! I was really shocked and surprised by this as it seems a massive increase in the space of just a year.
I was also taken aback by just how much they profit they were making. I didn't realise that a studio so small could make so much money!
This was really eye-opening for me.





















