Small chain of fast-casual restaurants

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1. Sultan plans to convince his dad to give him a loan to start a company to sell an environmentally friendly line of cleaning supplies that are suitable for light manufacturing facilities. Sultan has spent the past two years developing the products in his spare time, and wants to convince his dad that the idea represents an attractive business opportunity. In your opinion, what information and insights about the company he wants to start should Sultan say to convince his father?

2. Ibrahim owns a small chain of fast-casual restaurants in Tabuk that sell sandwiches, soups, wraps, and desserts. In general, his restaurants are successful, but he feels they are getting "outdated" and could benefit from new ideas. Suggest to Ibrahim some ways he could generate new ideas for his restaurants?

3. Assume Sara plans to open a fashion boutique that will sell women's clothing and accessories. She read several books on how to prepare forecasts and pro forma financial statements but that the books were geared toward existing firms that have several years of historical financial statements on which to base their projections. If Sara asked you your advice for how to prepare forecasts for a completely new women's fashion boutique, what would you tell her?

Reference no: EM133945121

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