The business is a coffee shop.

From your experience of knowledge outline a typical financial problem for a business in your industry or your workplace and explain the changes you would make to improve the finances of the business and reduce or eliminate the problem. Be specific about the business and its problem rather than just generic about business in general and display your problem solving abilities and knowledge of your industry. Examples may include: Falling sales. New competition. Rising COGS. Rising labour costs. High interest rates leading to low consumer spending. Any other problem financially impacting the business