Prepare a business case to borrow money from the bank


Computer Literacy:

Short Hand Graphic Design is a new business that you have formed with a business partner, each with a 50% share.

You need money to finance your business. Your assignment is to prepare a business case to borrow money from the bank. You will apply what you have learnt about online search, hardware, software, MS Word, Ms Excel to deploy ICT within a business environment.

You need money for the following:

• Hardware: two different types of high-end PCs (e.g. Macs) and two different types of A3 colour printers

• Software:  general-purpose and graphic design (either purchase or lease)

• Business premises: you will rent office space for two people near to where you live

• Business insurances: employer’s liability and professional indemnity

• Website: register a domain name (e.g. .uk, .co.uk, .com) and arrange a business or professional web hosting package

• Company formation: the cost to start as a UK company with Companies House (e.g. use of accountant)

You must now complete all the numbered tasks.

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Finance Basics: Prepare a business case to borrow money from the bank
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