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Tim has recently rented a shop for his Bubble Tea business. He has recruited 4 full time workers to help in the shop. He told
Tim has recently rented a shop for his Bubble Tea business. He has recruited 4 full time workers to help in the shop. He told you that the shop's contribution margin has been positive, but net profit has been below expectation for the shop's past six months performance.
Based on the learnings from Cost-Volume-Profit Analysis, advice Tim on how he can improve the shop's performance and profitability.
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