In 5-6 pages, address the case study.
Please I expect quality work.
You have been appointed to implement a project on furniture business in a suitable location in OngataRongai. The entrepreneur is a limited liability company called OngataRongai furniture limited. They have in their joint account ksh. 5 million to start their business. They have applied for a ksh. 20 million loan which they consider adequate to start a valuable project and they are targeting high end consumers in Nairobi and its environs.
1. What would you advise them to do in order to make the project commercially viable?
2. How do they reach the breakeven point in the third year of operation?
3. What happens if by the third year, the project cannot cover the production costs but the market is favorable to the company?
4. In the worst scenario, the company is facing closure, what do you advice the company to do?