UTILIZE ALL THE INFORTMATION AND ANSWER EACH QUESTION AS MENTIONED IN THE HINTS. GIVE ALL THE NECESSARY DETAILS FOR A BAKERY BUSINESS IN CANADA ALONGWITH THE COMPETITIVE ADVANTAGE.

DESCRIPTION OF THE BUSINESS

1.

give detail description

of a bakery business in Canada. Utilize the points shared

above in the overview and top it up with more details that you feel are necessary

to explain your business. Consider this section as an opportunity to introduce

what, why, and how of your business to the audience.

Hints

Goals and objectives.

Organizational structure/culture

Business Model

Product or services created; their value proposition, competitive advantage etc.

Target audience.

Timeline- How long have you been in business/ is it a fresh start?

SECTION 2- BUSINESS OWNERSHIP

1.

Which form of business ownership model does your business follow, or is planning to follow, and why?

2.

Advantages and disadvantages of the chosen business ownership model?

3.

Given the COVID 19 pandemic, what general threats and opportunities do you foresee for your business?

Hints

While answering, keep in mind the products and services being offered by your business.

Complexity, size, and geographic expanse of your business.

SECTION 3- COST-BASE ANALYSIS

1.

List the

Types of Costs associated with your business?

a.

Along with the Fixed and Variable costs, also discuss the contingencies and future-needs cost.

b.

Mention at least 5-8 examples for each type.

2.

Depending on your Cost-Base Analysis, what Degree of Managerial Controlwould you have over the financial decisions of your business. Explain?

Hints

Think of all the major activities/ departments/ processes associated with your business operations' current and future needs.

Once you have these details, categorize them according to the classification discussed in the Cost-Base Analysis.

o

While thinking of the degree of managerial control, think about how COVID mighthave played a role in altering your decisions.

SECTION 4- SOURCES OF FUNDS

1.

Following the information provided in the sections above, which Source/s of Funds is your business eligible for?

2.

Out of the eligible sources, what would be your primary choice, and why?

3.

If COVID 19 altered your potential to secure funding from the primary source. What alternative options would you explore (financial tools) to support your business? Explain?

Hints

Remember that there are three significant Sources of Funds available, as discussed in your course text.

However, each business has specific requirements and ownership structure that determines the most appropriate source of funding.

Financial tools are the different options available under each Source of Funding.

E.g., Under Equity Financing, there are tools like an IPO, APO, private equity,

etc