Entrepreneurship and Small Business Management (MNE3701)
Institution
University Of South Africa (Unisa)
Book
Small Business Management
MNE3701 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE 25 October 2024; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us..... Having acquired sufficient knowledge and skills on entrepreneurship and small bus...
Entrepreneurship and Small Business Management (MNE3701)
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MNE3701
Assignment 5 Semester 2 2024
Detailed Solutions, References & Explanations
Unique number:
Due Date: 25 October 2024 @23h00
Asset Management Strategy for "Fresh Eats Bistro"
Introduction
"Fresh Eats Bistro" is a small, health-conscious eatery located in the heart of Randburg. The
business aims to serve fresh, organic, and locally sourced meals to customers while promoting
sustainable living. The restaurant will be equipped with a dining area for 50 customers, a kitchen,
a storage area for inventory, and administrative space. The primary assets of "Fresh Eats Bistro"
include cash, accounts receivable, inventory, and equipment (such as kitchen appliances and
furniture). Effectively managing these assets is critical to ensuring the smooth operation and
profitability of the business. This discussion explores the strategies I would adopt to manage the
assets of "Fresh Eats Bistro" using the knowledge of working capital management, cash flow
management, inventory, accounts receivable, and capital budgeting.
QUESTION 1 (2 ANSWERS PROVIDED)
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