Question: Visit the SBA Web site at www.sba.gov. Find four possible funding sources for a computer rental and repair company. Describe the pros and cons of

Visit the SBA Web site at www.sba.gov. Find four possible funding sources for a computer rental and repair company. Describe the pros and cons of each and create a proposed financing mix, assuming a need for $58,000 in start-up funds divided as follows:
Equipment $27,000
Software $10,000
Supplies $ 1,000
Marketing $ 6,000
Utilities/services $ 4,000
Working capital $10,000

Step by Step Solution

★★★★★

3.32 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

They will create differing mixes Some possibilities include SBA Microloan X Can be used for the purp... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

462-B-M-L-G-M (1738).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

Describe the pros and cons of five management development methods.

Describe the pros and cons of quantity discount-based promotions from a retailer's perspective.

Describe the pros and cons of corporate versus franchisee ownership to 7-Eleven.

Visit the SBA Web site at http://www.sba.gov. Find four possible funding sources for a computer rental and repair company. Describe the pros and cons of each and create a proposed financing mix,...

Visit the SBA Web site at http://www.sba.gov. Find four possible funding sources (organizations, not types of financing) for a computer rental and repair company. Describe the pros and cons of each...

Catering Business Step 1 - Read the introduction. Having an excellent business plan goes a long way toward being a successful entrepreneur! If your entrepreneurial personal and financial resources...

Step 1 - Read the introduction. Having an excellent business plan goes a long way toward being a successful entrepreneur! If your entrepreneurial personal and financial resources require some...

A computer rental and repair company is looking for sources of funding for start - up costs estimated at 5 8 , 0 0 0 . Equipment: $ 2 7 , 0 0 0 Software: $ 1 0 , 0 0 0 Supplies: $ 1 , 0 0 0...

Visit the SBA Web site at http://www.sba.gov. Find three funding sources for a Comp-U-Ter, a computer rental and repair company. Briefly describe the fit of each and create a proposed financing mix,...

Multinational firms, differing risk, comparison of profit, ROI and RI Zynga Multinational, Inc., has divisions in the United States, Germany, and New Zealand. The U.S. division is the oldest and most...

What is an economic theory?

In this program, you will keep track of the electronic devices manufactured by Harton Manufacturing Company. The device code ( ex . H 8 1 0 ) and the price of up to 2 0 items will be stored in an...

Write short notes on: - ABC Analysis of inventory control. - Economic order quantity. - Stock-out. [B.Com.(H.), D.U. 2013] - Costs associated with inventory management.

Are the antitrust laws established in the late 1800s and early 1900s still pertinent in the twenty-first century? Why or why not?

How does the Federal Trade Commission protect consumers?

What rights does owning a patent protect? How do you get this protection?

11. Changes to the security market line The following graph plots the current security market line (SML) and indicates the return that investors require from holding stock from Happy Corp. (HC),...

6. The payback period Aa Aa The payback method helps firms establish and identify a maximum acceptable payback period that helps in their capital budgeting decisions. Consider the case of Fuzzy...

You have read in Example 1.11 about the 1948 presidential election. "As goes Maine, so goes Vermont". In 1936, The Literary Digest published the results of a straw poll predicting the victory of...