question archive Assessment Description The Covid-19 pandemic has affected the livelihood of thousands in Malaysia
Assessment Description The Covid-19 pandemic has affected the livelihood of thousands in Malaysia
Subject:BusinessPrice: Bought3
Assessment Description The Covid-19 pandemic has affected the livelihood of thousands in Malaysia. Some have lost their jobs; others face pay cuts or unpaid leave. Faiz, a chef from one of the well-known restaurant lost his job six months ago. He is now considering of selling street food in SS 2 Petaling Jaya Task 1. You are required to assist Faiz to forecast and prepare a budget for this new business. This includes: . A brief description of the street food Faiz intends to sell . An estimation of unit selling price and other relevant costs (fixed and variable costs) . An estimation of units sold and units purchase/made over six months . An estimation of payment pattern to suppliers and collection from customers . An estimation of any other related expenses State the assumptions used in the above estimations. 2. Explore relevant funding alternatives for the new business to provide options for Faiz to consider 3. Conduct break-even analysis for this new business and comment on the results. 4. Discuss with Faiz whether the new business is financially sustainable, together with any non-financial factors for further consideration.
