How much capital you will require to grow your business

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Reference no: EM133480496

Question 1:

Consider a company you would like to start. Answer the following in 175 to 350 words:

  • Describe what it would do.
  • Identify 3 possible names for the company.
  • Determine whether any of the names listed above are available as web domains and what type of website would be the most attractive to potential customers.
  • Explain how many and what type of owners (individuals, companies, both) you will have in the company.
  • Describe the strategy you will use to finance your company.

Question 2: Think about the type of product or service your company will provide. Answer the following in 175 to 350 words:

  • Assess whether your product or service will be prone to lawsuits.
  • Determine what type of tax structure you will have for your company (single, double, other, etc.)
  • Assess how much capital you will require to grow your business and at what stages you will need it.
  • Determine 3 long-term goals for the business.
  • Based on everything you have learned this week, what type of business entity do you think you might form for your company, and why?

 

Reference no: EM133480496

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