How much capital/money will you need to start your proposed business? 13. Please provide a budget breakdown for the proposed capital required for your business 14. How will you fund the business at the start? Please name the source(s) of funding you will be relying on

here are the answers to questions 12-14:

12. How much capital/money will you need to start your proposed business? (2 marks)

• Approximately R250,000.

13. Please provide a budget breakdown for the proposed capital required to start your business (5 marks)

• Kitchen Equipment (ovens, mixers, proofers): R100,000
• Rent Deposit & Initial Renovation: R40,000
• Initial Inventory (ingredients, packaging): R25,000
• Marketing & Branding: R15,000
• Licenses & Permits: R10,000
• Working Capital (3 months operating expenses): R60,000
• Total Estimated Capital: R250,000

14. How will you fund the business at the start? Please name the sources of funding you will be relying on (4 marks)

• The business will be funded through a combination of personal savings from the owner, a small business loan from a commercial bank, and potentially contributions from family and friends.