Bobby is a skilled baker who worked for several years in a patisserie in Paris....
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Bobby is a skilled baker who worked for several years in a patisserie in Paris. On returning to Melbourne in 2016, she decided to open her own business, Bobbys Bakery, to sell her unique pastries. Her ultimate goal is to franchise Bobbys Bakery to fund her early retirement.
Bobby wants to look to increase profits. Select the best two levers Bobby can pull to try and increase profits.
Group of answer choices
Take out further equity to pay off debts
Generate another bank loan
Cut costs that are not directly generating income
Dont carry or make too much stock
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