John Pandeni started a small business in Dolam to build solar powered chargers and sell it...
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John Pandeni started a small business in Dolam to build solar powered chargers and sell it online to customers across Namibia. He is in need to expand his manufacturing facilities and requires urgently N$75 000, as the demand for his solar power chargers has increased after he featured on NBC's Tutaleni show. Until now, John and his family has provided capital for the business. He approached you to explain how crowd funding, peer to peer funding and business angel financing works. Required: Explain to John each of the financing options and advise him which of the (5) financing options could suit his business at this stage. John Pandeni started a small business in Dolam to build solar powered chargers and sell it online to customers across Namibia. He is in need to expand his manufacturing facilities and requires urgently N$75 000, as the demand for his solar power chargers has increased after he featured on NBC's Tutaleni show. Until now, John and his family has provided capital for the business. He approached you to explain how crowd funding, peer to peer funding and business angel financing works. Required: Explain to John each of the financing options and advise him which of the (5) financing options could suit his business at this stage.
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Answer rating: 100% (QA)
Sure here is an explanation of each of the financing options and advice on which one could suit Johns business at this stage Crowdfunding Crowdfunding is a method of raising capital from a large numbe... View the full answer
Related Book For
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
Posted Date:
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