Old MathJax webview

Old MathJax webview

please ASAP

Q9: Karli has just finished her culinary degree and is looking forward to starting her own bakery. Elaborately decorated and wonderfully decadent cakes as well as unique wedding cakes are her specialty. family friend (Nicole) owns a small bakery, which Nicole has run successfully for over 20 years. The bakery has focused on breads and rolls with other seasonal desserts also offered. The bakery has a loyal customer base, which is needed since the bakery is two blocks off the main avenue that goes through town. The kitchen was updated five years ago so all equipment is new and energy efficient Five loyal employees have worked for the bakery for years, one an established bookkeeper who has developed a wonderful inventory system. Nicole is very excited with the prospect of Karli buying her business. However, Karli has also found an empty building on Main Street where Karli could start her business from scratch. She could then design and develop the business entirely like she wanted, which she finds very appealing. The building is empty, so Karli would need to purchase equipment, counters, tables, and so forth. Karli does not know which way to go in starting her own bakery To fund her business, Karli is considering to apply a loan from a commercial bank. Briefly explain to Karli FIVE (5) factors that will be considered by the bank manager when approving her loan application. Enstruction: Please write your answer in point form or the toolbar,