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