A student is creating a business plan for a restaurant and needs advice on funding, budgeting, and savings. What are the best options for Sarah?

ENTREPRENEURSHIP

a) The most appropriate business for Sarah, given the location surrounded by schools and universities, is a:

• Restaurant

b) i) Possible alternatives for raising additional funds:

• Bank loans
• Microfinance institutions
• Venture capital
• Partnerships
• Crowdfunding

b) ii) Key categories for budgeting funds:

• Startup costs (e.g., rent, renovations, equipment, licenses)
• Working capital (e.g., initial inventory, staff salaries, utilities)
• Marketing and promotion
• Contingency fund

c) Other forms through which Sarah can save her earnings, besides a bank savings account:

• Fixed deposit accounts
• Investment in treasury bills or bonds
• Unit trusts or mutual funds
• Reinvesting profits back into the business
• SACCOs (Savings and Credit Cooperative Organizations)

GEOGRAPHY

b) Importance of such areas when not disturbed by man:

• Biodiversity conservation (providing habitat for diverse flora and fauna)
• Ecosystem services (e.g., water regulation, soil fertility, climate regulation)
• Tourism potential (attracting visitors for wildlife viewing and safaris)
• Scientific research and education

a) I cannot draw a landscape sketch. However, the tourist potentials shown in the photograph are:

• Wildlife (specifically zebras)
• Natural savanna landscape (including acacia trees and distant hills/mountains)