Assignment:
Financing is the most important part of small business development. If not done properly, many things can happen; you can run out of money, you can burden the business with debt servicing, or you may end up partners with someone who has capital but no business sense.
Explore the opportunities for funding. The options include:
1) Commercial Banks
2) Cooperative banking (Credit Union)
3) Provincial Financing
4) Federal Financing
5) Venture Financing
There are potentially other options, but please narrow your discussion to these listed above.
Choose two, provide a full description of this type of funding. Provide the pros and cons of each. Detail, in your opinion, what you think the likelihood (or what situation) is that a new small business would be able to secure this funding.
Any other relevant comments should be included.
Assignment should be three pages in length, double space, 12 inch font, 1 inch margin.