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Develop the business plan and understand all key components required for successful development and implementation

Forum Prompt:

Review this week’s Lesson and Readings. Here we will learn what it means to find financing for your startup. This process can be confusing even discouraging if you don’t have knowledge of your options. There are numerous routes you can take in both the Private Equity and Debt Financing worlds. It is essential to be knowledgeable about all of the options and to weigh the pros and cons of each before making a decision. The six most common sources of funding are Small Business Administration Loans (SBA Loans), Angel Investors, Friends & family, Venture Capital (VC) Funding and Bank Financing.

NOTE: Please identify, define and explain the funding source(s) that best suit(s) your entrepreneurial endeavor. Elaborate and provide substantive support for your findings by using credible sources in such as course text, articles, journals, etc.–be sure to attribute credit to these sources (any format is fine).

Forum Instructions:

  • Please elaborate and provide substantive support for your findings by using credible sources in such as course text, articles, journals, etc.–be sure to attribute credit to these sources (any format is fine).
  • Also, you are required to respond to the initial posting from the Instructor as your original forum answer as well as respond to at least two (2) additional postings of two (2) fellow learners.
  • Original responses should be a minimum (performance at a B level) of 300 words
 
 
 

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