FIN 375 Week 3 Funding the Business

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FIN 375 Week 3 Funding the Business
FIN 375 Week 3 Funding the Business
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FIN 375 Week 3 Funding the Business

Purpose of Assignment

This assignment asks you to 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.

Assignment Steps

Write a 1,050- to 1400-word 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).

Format your paper consistent with APA guidelines.  You should have a minimum of 3 references; do not forget the in text citations.

Click the Assignment Files tab to submit your assignment.

Note: Save your completed assignment with faculty feedback for MGT/465 as you will reuse some of this information to construct your business plan.