A detailed review of the ACA Restaurant Caf' Business plan prior to commencement is recommended.

Sections of the business plan can be used throughout this assessment and you may refer to its details for your task completion.

You may utilise search engine to research similar business's to ACA Restaurant Caf' and apply your findings within your report to support constructive evaluation of the finances established within the restaurant caf' and articulate the effectiveness of the objectives and targets set. This report will allow the Owners to understand what outcomes they are working towards and what they are trying to achieve.

Task 4.The Owners of ACA Restaurant Caf', has also asked you to make recommendations of the appropriate budgeting processes. Describe these budgeting processes for the Owners and what impacts they will have on the profitability of the restaurant caf'. How could the correct budgeting method decision be beneficial to the stakeholders?10 Marks

Task 5.As a Manager of the ACA Restaurant Cafe' (as outlined in the Organisational chart) you are required to discuss the benefits and the shortcomings of a draft budget with suitable stakeholders. 10 Marks

State:

a.With whom might a draft Master budget be discussed (5 Marks)

b.What method could this discussion take place and how could this assist in meeting the budgetary requirements? (5 Marks)