Amar and bobhave exhausted their savings andare the critical stage needingexternal funding order keep the business afloat they also need determine appropriate strategy rebuild profitsto secure thelonger-termsuccessof the business have just successfully completed the first year ofyour accounting degree track for afirst-classclassification

Unfortunately, the Covid-19 situation then hit and their business was required to close and the two members of staff they employed were furloughed. 

Frustrated with sitting around Amar decided to set up a mobile coffee cart which he took to the local hospital to provide free coffee to NHS staff.  After several weeks, Bob and Amar had worked through the necessary government guidelines to re-open as a takeaway only venue but, as expected, demand has been significantly below normal levels. Unfortunately, Amar and Bob have exhausted their savings and are at the critical stage of needing external funding in order to keep the business afloat.  They also need to determine an appropriate strategy to rebuild profits to secure the longer-term success of the business.