Suppose you need $1 million dollars to start your Dream Business. Research ways to get the money for such a business. Compare two (2) sources of financing you might obtain. (e.g., Small Business Administration (SBA), private investors, private loans, personal assets, and / or personal credit cards.) Identify the risks and benefits of your two (2) choices
Required amount of money to start the new business is $ 1 million.
Two sources of financing which can be obtained is
1. Private investors
2. Personal loan
1. Private Investors
The business model should be ready. and be able to impress the investors the whole idea of business and get the targets achievable. By getting the interest of investors, the return of finance would not be a burden because investors are more interested in the benefits of the business. Thus, there will be no interest burden on the business. Business can focus only on the core areas. Risks would be to gain the investor's interest in the business model.
2. Personal Loan
On the basis of business plan and little mortgage , personal loan can be obtained. There is no requirement of fulfilling and sharing of profits with other investors.Thus, wholly the benefit would be sole handed
There will be interest expenses irrespective of the profits made or not by the business model.
Suppose you need $1 million dollars to start your Dream Business. Research ways to get the money for such a business. Co...
Suppose you need $1 million dollars to start your Dream Business. Research ways to get the money for such a business. Compare two (2) sources of financing you might obtain. (e.g., Small Business Administration (SBA), private investors, private loans, personal assets, and / or personal credit cards.) Identify the risks and benefits of your two (2) choices
1. Imagine you are reviewing a business plan. In which section of the business plan would you expect to find the answers to the following questions? Question Financial Statements Marketing & Sales Management Service or Product Line How much money will the owners invest in the business start-up? How will the salespeople for this business be compensated? What are the unique features of this business’s merchandise? 2. As you have planned for your new business, you have obtained a lot...
CONTEXT OF QUESTION The year is 2020. You just got your dream job as a stock broker on Wall Street. They gave you a nice signing bonus and you are making a lot of money. You also have the opportunity to make a large year-end bonus if you meet your sales quota. But your Boss has a reputation for firing new employees that don’t reach those sales goals. Timing could not have been better because your student loans are thru...
The year is 2020. You just got your dream job as a stock broker on Wall Street. They gave you a nice signing bonus and you are making a lot of money. You also have the opportunity to make a large year-end bonus if you meet your sales quota. But your Boss has a reputation for firing new employees that don’t reach those sales goals. Timing could not have been better because your student loans are thru the roof and...
The year is 2020. You just got your dream job as a stock broker on Wall Street. They gave you a nice signing bonus and you are making a lot of money. You also have the opportunity to make a large year-end bonus if you meet your sales quota. But your Boss has a reputation for firing new employees that don’t reach those sales goals. Timing could not have been better because your student loans are thru the roof and...
1. [Bank Loan Considerations] Assume you started a new business last year with $50,000 of your own money, which was used to purchase equipment. Now you are seeking a $25,000 loan to finance the in- ventory needed to reach this year’s sales target. You have agreed to pledge your venture’s delivery truck and your personal automobile as support for the loan. Your sister has agreed to cosign the loan. During your initial year of operation, you paid your suppliers in...
The year is 2020. You just got your dream job as a stock broker on Wall Street. They gave you a nice signing bonus and you are making a lot of money. You also have the opportunity to make a large year-end bonus if you meet your sales quota. But your Boss has a reputation for firing new employees that don’t reach those sales goals. Timing could not have been better because your student loans are thru the roof and...
3 ways to diversify retirement savings beyond stocks Reluctant to put more of your hard-earned money aboard the roller coaster known as the stock market? Then it may be a good idea to diversify your retirement savings with other assets, which can reduce your overall risk. Here are three alternative investments that could help you accomplish retirement savings diversification outside the stock market. Just like any investment, each one comes with risks that should be carefully considered before making any...
3 ways to diversify retirement savings beyond stocks Reluctant to put more of your hard-earned money aboard the roller coaster known as the stock market? Then it may be a good idea to diversify your retirement savings with other assets, which can reduce your overall risk. Here are three alternative investments that could help you accomplish retirement savings diversification outside the stock market. Just like any investment, each one comes with risks that should be carefully considered before making any...
Write a 1,500 word case study describing how you might advise and help Uber. The issues need to be addressed on multiple levels including operational, technology, employee engagement, leadership, morale and commitment – and put into the larger context of a slow growth global economy, increased competition, and possibly additional local government disagreements involving taxi and labor factions. Specifically, what are the major areas of concern you have about the current situation at Uber in terms of the challenges in...