Anita is in the process of starting up a bakery business. Anita thought that she has what it takes to run the business. She had completed her culinary education in a local university and has been working in the industry for the past five years. One of her major plans is to purchase a shop-lot and renovate it to accommodate her bakery shop. However, Anita does not have enough funds to complete the two plans. In addition, Anita is unsure about the exact amount of financial capital that is needed to start her business. Advise Anita on the following aspects: Discuss how Anita should plan for the financial requirement of her proposed business. Provide examples that are relevant to Anita's situation.



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