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What practical steps should susan and chris now undertake

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Problem 1: Assess the validity of the concerns raised by Uncle Dave in relation to the business. What practical steps should Susan and Chris now undertake in order to improve the financial performance and financial health of the business?

Uncle Dave is concerned about how the business has been doing recently, its profitability and financial health. Uncle Dave wishes to understand more about the latest financial statements, any trends indicated by an analysis of the financial statements and any future plans as to how any concerns may be addressed. He has suggested that one option is for the business to consider paying back some or all of the bank loan.

Reference no: EM132765524

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