Plan the purchase of three physical assets of a hospitality business, you may choose any asset you wish or choose from three of the following physical assets. Provide three quotes for each assets. An oven for the kitchen, a van for food deliveries, a computer for the marketing manager, new carpet in the hotel rooms or a set of new chairs for the dining room.

Outline a number of options

o Technical specification

o Item Description

o Supplier

o Warranty

o Cost

Mention budget allocated to acquire the asset.

Explain the needs (required features) of the workplace or scenario workplace and why your recommendation suits their needs.

Outline the advantages and disadvantages of each choice

How would you determine business current or potential ability to acquire physical asset? Mention atleast three points to consider while acquiring business asset?

Who would you communicate for information?

Which option of financing would be in the best interest for the company. Explain the options and the benefits.

Make a recommendation based on the needs of your workplace or another hospitality scenario.