Amal's Flower Shop case study You have a school friends named Amal whom you have known for 8 years and she is from Alain

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Amal S Flower Shop Case Study You Have A School Friends Named Amal Whom You Have Known For 8 Years And She Is From Alain 1 (64.13 KiB) Viewed 60 times

Amal's Flower Shop case study You have a school friends named Amal whom you have known for 8 years and she is from Alain. Amal is looking to open a flower shop in either Dubai or Abu Dhabi. She plans to have the flower shop with a café & a gift shop, as well as bookshop attached. She has seen no other flower shops like this in either city. Amal has two possible business partner, and hopes to open in January 2021. Your friend is very shy and does not have much money. She has not a job before and needs your advice. Please answer the following questions: 1. Would you advise Amal to Start the business in Dubai or Abu Dhabi and why? 2. Is Amal's Business idea an identified or created opportunity? 3. Amal is considering quite a diverse business? What would the advantage and disadvantage be of having a business that is going so many things? Would you advise her to do this or not to do this? 4. Suggest four sources of finance for Amal- and explain the difficulty associated with each? 5. What would you suggest is the best form of ownership for her new business why? 6. What are the main financial difficulties Amal may face in setting up the new business 7. Amal is struggling with a name for her new business- Can you Suggest one? 8. Suggest four different ways Amal can market her new Business 9. Provide Amal with specific Examples of four fixed cost and four variable cost she will need to consider for her flower business. 10. In what way can Amal save money on the starts up and running costs ( Bootstrapping) Give four specific example that would apply for her business.