Assignment:
You may want to visit your nearest bank or credit union. Investigate the requirements that need to be met in order to secure funding to start your own business.
Write a 525 to 700 word paper (total) that addresses the following subjects:
What are the common sources of funding available to the entrepreneurs?
Consider:
- Private Investment
- Banks
- Personal savings and assets
- Friends
- Family members
- Corporate funding
- Grants
If you are unable to secure funding, what are the alternatives to starting your own business? What are the advantages and disadvantages of an e-commerce business? Should traditional businesses also offer online sales?