Question
The sustainability of CheChe Plant Hire depends on satisfied customers, competent employees, and a good financial, marketing and investment strategy. Write up a detailed business
The sustainability of CheChe Plant Hire depends on satisfied customers, competent employees, and a good financial, marketing and investment strategy. Write up a detailed business sustainability and expansion strategy for CheChe Plant Hire in which you also forecast exactly what needs to be done to expand and maintain the business. Consider the already taken-up debt as shown in the table in question 1.4.
1.4 Based on your strategy in question 1.3, design a budget that includes a full Income Statement, Balance Sheet and Cash Flow Statement for two years, taking the following into account: Tipper trucks owned: 2 TLB owned: 1 Bobcat owned: 1 Drivers/Operators: 4 Salary per operator per month: R15 000 Major clients being serviced: 3 Debt: Equity ratio: 5:1 Total debt: R1 600 000 Current cash in the business: R2 000
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