Business, 18.03.2021 17:40 benji23

Case Study - Khalifa -The Bike Shop Khalifa runs a successful café called FreshZ. He started a bike repair business six months ago and the business has done well. FreshZ employs four full time staff in the cafe. Khalifa's second business, ‘Fitt Bikes,' has one employee, who helps to repair bikes. Both businesses are run from a shop located in a busy shopping area. A park nearby has a cycle track. Some of Freshz suppliers include: Fatima's Bakery DCS-Dubai Cleaning Services The Fair Trade Coffee Bean Company Khalifa wants to expand his business further. He needs to know if he will make enough profit over the next six months. To do so, Khalid has suggested calculating his breakeven point, and his profit. Khalifa will need 100,000 AED to expand his business. 2a. Evaluate why it is a good idea for Khalifa to calculate his breakeven point.

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Case Study - Khalifa -The Bike Shop Khalifa runs a successful café called FreshZ. He started a bike...

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