Financial Analysis and Loan Application for Burger Business Expansion
VerifiedAdded on 2022/12/05
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AI Summary
This report presents a financial analysis of a burger business aiming for expansion. The business, currently operating in West London, seeks a loan to fund the purchase of goods and cover missing capital. The report includes a spreadsheet detailing sales and expenses over the past 10 months, utilizing auto-sum, auto-format, average formulas, and percentages. Charts are used to visually represent expenses and sales trends, highlighting the seasonal nature of the business. The analysis includes an examination of the business's financial performance, with a focus on profitability and the justification for the loan request. The report also details how the business intends to use the loan to expand by opening a new shop and purchasing a delivery vehicle. The report utilizes Excel functions such as SUM and AVERAGE to analyse the financial data, and the sales and expenses seem to have a seasonal trend. The report highlights the importance of the charts to highlight the percentage contribution from each source of capital, and also the monthly sales trends. The report showcases the business's financial health and its potential for growth.
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