Question: Create a projected cash flow statement for your business, with a detailed list of income - generating items ( revenue streams ) and expenses. Use
Create a projected cash flow statement for your business, with a detailed list of incomegenerating items revenue streams and expenses. Use the examples in Chapter of your book as a guide Determine when you will be able to breakeven Based on the expenses listed in part determine an estimate of your startup costs the costs you will incur before you are able to generate any revenue to fund the growth of the business Based on the startup costs in part and your own resources you have to start the business, determine the amount of external financing which you will require to launch your business Decide on the mix of financing sources you wish to use equity bank debt, personal loans, crowdfunding and justify your choice Indicate potential sources for each source of funding eg if using equity, who do you think might be willing to invest in you; if using a crowdfunding site, what site will you use and why? and describe some of the risks you may face in obtaining and repaying this financing.
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