Reference no: EM132425937 , Length: word count:-1400

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:

Question 1: Describe the various types of funding available to a business, and include at least three examples.

Question 2: Explain the advantages and disadvantages of each type of funding.

Question 3: Identify the best source of funding for your business, and explain why you selected this source.

Question 4: Explain how you plan to grow and support the business over the next 3-5 years.

Question 5: Describe the major costs that you will need to cover prior to generating any revenue, and how you plan to cover your cash management.

Question 6: 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.