JJ Asian Cuisine began operating their business as partnership. The business has been so successful that they cannot keep up with market demands and the owners/directors have decided to expand the business by setting up the factory on a large scale in Dandenong, Victoria. It is the time to change the business structure to a company rather than partnership.

Consider the implications on the owners (both favourable and unfavourable) of the decision to change from a partnership to company (4 marks)

JJ Asian Cuisine has decided to go ahead with the recommendation of “go public” rather than a private company. In order to do so, they need to revise their business plan.

Briefly explain each component of a business plan and list some information relevant to JJ Asian Cuisine that Jason and James should include in each component. 

Using examples in JJ Asian Cuisine, distinguish between fixed and variable costs. 

Jason and James are thinking about further investments. Describe four (4) common investment factors that they must take into consideration when making investment decisions