Case:Dalary McKinnon wants to open her own restaurant called Dalarys Deli $($Eat As Much As You Can$),$ which will offer a range of local, continental and oriental dishes for its customers. She wants to open the new restaurant in Guildford and has cited the fact that she is passionate about cooking and providing quality food for customers as the main reasons for deciding it would be easy for her to operate a restaurant. Dalary has never run her own business before. Dalary is going to arrange a meeting with the bank to try and organise a loan to help fund her new business. Dalary has put together the following basic financial information regarding the estimated costs of the new restaurant. $*$Projected figures Option $1-$ Purchase the new building i$.$ Cost to purchase a new building in Guildford $400,000$ with extra cost to make the building suitable for the restaurnt use being $30,000$ Option $2-$ Rent a building ii$.$ Cost to rent a building $($suitable for a restaurant$)$ in Guildford $3,500$ per month $3$ Other costs$/$expenses iii. Purchase of new furniture and equipment including ovens will cost $75,000$ iv$.$ Fixed costs are estimated to be $2,750$ per month v$.$ New staff will be paid $30,000$ per annum each she thinks $3$ members of staff will be needed and she will cook the meals and manage the restaurant by herself Dalary hopes to generate income of around $12,000$ per month from the restaurant in the first quarter $(3$ months$)$ and she expects that this will rise to around $18,000$ per month as the restaurant starts to attract more customers from the second quarter onwards. Dalary believes that she will need to borrow approximately $400,000$ from the bank to buy the restaurant $($Option $1),$ and to purchase new equipment, furniture and fittings. But if she rents a building $($Option $2)$ instead, she will only need to borrow approximately $1/5$th $($or $20\%)$ of the loan amount from the bank. Address the following questions in your detailed report; Task $1.$ Sources of Finance Further to Dalary planning to get a bank loan, she has recently been approached by a local Venture Capitalist who is interested in investing in her new restaurant. The venture capitalist has offered to invest $150,000$ but will take a $40\%$ share in her business. $1.$A Identify and discuss other possible sources of finance for Dalary to raise the money she needs. $1.$B From the data provided, and with reference to any further assumptions you may wish to make, prepare a Cash Flow forecast to for the first $6$ months of Dalary operating her business. Further assumptions could include changes to the $*$projected figures in the case study scenario and$/$or any additional outflow relevant to this case study. $1.$C Based on your findings, advise Dalary as to whether she should accept the offer from the Venture Capitalist, and why$/$or why not?