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Bobby is a skilled baker who worked for several years in a patisserie in Paris....

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Finance

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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