Question 1: Explain 3 components of a financial feasibility assessment and why it is beneficial when starting a new business.
Question 2: Compare bootstrapping, debt financing, and equity financing. In what ways are they similar and how do they differ? What are 3 sources of each that could be used to fund a new business venture?
Question 3: Assess why a risk analysis is important to conduct before starting a new business.
Question 4: Evaluate the usefulness of crowd funding for your business venture. Describe how it works and whether it would be a way to fund your new business.
Question 5: Based on your evaluation of the various sources of funding, determine the approach that would work the best for your new business.