Homework: Funding the Business Paper
Purpose of Homework
This homework 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.
Task
Write a 1,050 to 1400 words paper on funding a business, in which you:
a) Describe the various types of funding available to a business, and include at least three examples.
b) Explain the advantages and disadvantages of each type of funding.
c) Identify the best source of funding for your business, and explain why you selected this source.
d) Explain how you plan to grow and support the business over the next 3-5 years.
e) Describe the major costs that you will need to cover prior to generating any revenue, and how you plan to cover your cash management.
f) 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 homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.