Question
This assignment investigates the financial needs of
your business venture from Assignment 1. Write a three to
four (3-4) page paper in which you:
Outline the financial start-up needs for this business. Consider
such items as cash, equipment, space lease or purchase, raw
materials, labor costs, etc. Provide a rationale for your
estimates. (This is only a preliminary list. As you progress in the
course, this outline will be fine-tuned.)
Once you have estimated the start-up needs for this business,
determine the best financing options to obtain the needed capital
and how you would approach securing this type of financing. Justify
your selection.
Evaluate the two (2) most important financial ratios that you
will use to track the health of the business and explain how each
would provide insight to the business performance. Provide a
rationale with your response.
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