Please help anywould be nice?

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Business coursework help thanks

Question Details: Please help me with my cousework any help would be great thanks

Fixed costs per month=Expense

RENT 拢600

WAGES 拢400

ELECTICITY 拢55

INSURANCE 拢60

LOAN INTEREST 拢40

MARKETING 拢45

Total cost:拢1200

Question 1: Explain how each of the following methods below can help mia to manage her cash flow.

REDUCE HER DRAWINGS

HIRE RATHER THAN BUY HER PREMISE

HIRE RATHER THAN BUY ALL HER FURNITURE

EMPLOY AN ASISTANT ONLY DURING THE BUSY MONTHS

NOT TAKE OUT A LOAN

SPEND LESS ON MARKETING

PAY FOR LESS HER PURCHASES ONE MONTH AFTER SHE HAS RECEIVED THEM

ARRANGE AN OVERDRAFT FROM BANK

Question 2

For the months when mia closing balance is negative you must suggest at least two different ways in which mia can manage her cash flow.You must explain the advantages and disadvantages of each method and then make a judgement on what course of action you think is the best to manage mia's cash flow effectively.