Reply
Thu 11 Oct, 2012 01:26 am
Hello Friends,
I am doing a case study on 'molly maid' as part of my AS APPLIED BUSINESS course. I have to think of two appropriate sources of finance for this business. "I am Henderson is 49, and was made redundant from his job. Ian wants to buy a cleaning franchise, Molly Maid. A franchise License to operate molly maid is available in his local area. Investigating the costs he found out:
Initial franchise fee: £3,000
Territory licence: £6,000
Staff and marketing recruitment launch: £6,000
Equipment, Molly maid Software and supplies package: £2,300
Working Capital requirement: £12,000
Ian has a small amount outstanding on his home mortgage"
So in conclusion, Could anyone help me figure out 2 sources of finance in detail, which can relate to his case study?
Thanks In Advance.
Lucy James