Question - Luigi and Gina Cicello have decided to lease some newly built premises for the purpose of opening a seafood outlet. They intend to provide a wide range of different products, including a variety of seafood for sale and take-away fish and chips.
Required - Discuss the types of economic decisions Luigi and Gina Cicello will be required to make, and the information they will need to make those decisions. Identify whether Luigi and Gina may require the services of an accountant. Justify your answer.