Question: Read the Case Study below and answer ALL questions in this section. Case Study: Feasibility Study for Durban Bistro ExpansionDurban Bistro, a local restaurant renowned
Read the Case Study below and answer ALL questions in this section.
Case Study: Feasibility Study for Durban Bistro ExpansionDurban Bistro, a local restaurant renowned for its innovative fusion cuisine, has enjoyed five years of successful operation
in a vibrant neighbourhood. Its consistent growth and escalating customer demand have prompted management to
contemplate expanding operations by inaugurating a second branch in a nearby commercial area. However, to ensure the
venture's viability, the management is keen on conducting a thorough feasibility study encompassing economic, personnel,
technical, and operational perspectives.
The economic feasibility study will delve into the financial intricacies of the expansion project. It will scrutinize factors such
as prevailing market demand, revenue forecasts, cost projections, and the anticipated return on investment. This analysis
aims to ascertain whether the expansion aligns with long
term financial sustainability and profitability objectives.
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