Describe a new business you'd like to start, as well as the advantages and disadvantages of starting
Question:
Describe a new business you'd like to start, as well as the advantages and disadvantages of starting a business from scratch versus buying an existing business.
Write a paper on funding a business, in which you: Describe the various types of funding available to a business, and include at least three examples. Explain the advantages and disadvantages of each type of funding. Identify the best source of funding for your business, and explain why you selected this source. Explain how you plan to grow and support the business over the next 3-5 years. Describe the major costs that you will need to cover prior to generating any revenue, and how you plan to cover your cash management. Determine your anticipated "break-even" point at which you expect to start seeing a return on your investment (for both your investors and you).
Introduction to Information Systems Supporting and Transforming Business
ISBN: 978-1118063347
4th edition
Authors: Kelly Rainer, Casey Cegielski