This paper concentrates on the primary theme of Task 1 a. Using a maximum of 100 words, give a brief description of your business. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 45. For more details and full access to the paper, please refer to the site.
The Scenario: You have been running a successful retail business in West London and have decided to expand it. To do so, you need to obtain extra funding. You have collected £10,000.00 between family and friends, but you think you will need an extra £2,500 of capital and £50,000.00 of goods. To help you achieve your objectives and expand your business you know it is necessary to get a loan to cover the missing capital and purchase funds, so you have to make an appointment for a loan at your local bank.
Task 1 a. Using a maximum of 100 words, give a brief description of your business. (10 marks) b. Create a spreadsheet which details your business sales and expenses over the last 10 months (possibly 12) to support your loan request and show that the business is successful and is profitable.