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Mias meeting with the bank mamager was successful and he agreed to give her the 拢5000 loan.The nexy day she had a meeting with the business adviser.He told mia that she must record all her financial transactions and take measured to prevent fraud.Mia was bit unsure what he meant by this.

Case study:Mia has been walking her dog in the local park for the last few years.On many occasions she would have liked to stop and have a drink-hot coffee in the winter months to warm her uo and a cool refreshing drink in the summer.Unfortunately she has been unable to do this as there are no catering facilities availble.Mia thinks she has found a gap in the market and believes there would be a demand for a cafe in the park

The park is very popular with the local community.The children and thieir familes enjoy visting the playground.The more energetic people come to use the fitness trail and for joggingg,The woded area is pouplar with other dog walker.There is also a boating lake where people can hire a rowing boat in the summer months.

Mia believes that setting up a cafe in the park would be a good business opportunity.She has approached the local coucil and they have given her permisson to set up her cafe.She has decided to base her business in a small hut/kiosk and have tables and chairs outside for her customers to sit at.She will sell hot and cold drinks,snack,icecream,chocalate bars,cakes and fruit.

MIa has saved up 拢5000 of her own money as captitial but think she will also need a bank loan of 拢5000.

Her market research,which questioned 100 people in the park,showed that the average customer would spend 拢3 and that the number of cusotmers would be lower in the winter month and hiogher in the summer months due to seasonal demand