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3. Scenario- Camelia's Brasserie Prepare, budget revision aligns with the revised business plan In this part of your assessment you are required to present a

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3. Scenario- Camelia's Brasserie Prepare, budget revision aligns with the revised business plan In this part of your assessment you are required to present a new budget for the year 2018 highlighting changes to the month of January and February. Make sure that you indicate what changes you have made to ensure the budget is kept on track. Brian and Bob's financial institute are quite impressed with the forecasted budgets that you have provided in part 2 and it appears that Brian and Bob and the bank may move forward in purchasing Camelia's Brasserie. There is a new development however, which may create a barrier to this new purchase. The brassiere has recently received notification from the local council, indicating that there will be significant road works undertaken in the early part of 2018. Not only that, but Brian and Bob's accountant will not be returning to provide accounting services anytime soon. His injuries have turned out to be more severe than first diagnosed. Therefore, Brian and Bob are relying on your financial expertise to assist them with making informed estimates for inclusion in the next budget that aligns with the temporary business plans. Plans of which have had to take into consideration the anticipated, "road works". You will need to base your revised budget on the cafe's existing budget and the information provided by the Country Cafe Council. Research and analysis this information, previous cafe financial data and cash flow trends. You may need to contribute to financial bids and estimates during this process. In January/ February of 2018 the Country Cafe Council will be performing scheduled road works in your area which will have a significant effect on your customers and consequently your business. The road works will be for three (3) weeks (the last two weeks of January and the first week of February). We advise you that you will need to plan for this period and adjust your budget accordingly. We anticipate that your business will experience a loss of 25% of your normal business for these three (3) weeks and a loss of 10% for two (2) weeks after the completion of the scheduled road works

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