Purpose of Assignment
The purpose of this assignment is for students to access the U.S. Small Business Administration (SBA) website for the purpose of discovering various sources of financing for their proposed business. Also, the mix of equity and debt financing should be considered. Students will also grasp the single most important thing about managing to maximize firm value which is to pursue excellence in the creation, production, and delivery of the firm’s products and/or services.
Resource: The U.S. Small Business Administration (SBA) website is perhaps the most valuable resource for any new entrepreneur in America for all aspects of starting, operating, and growing a business, and it would help the students in this class to use like a handbook. It is especially useful in learning more about financing a business and obtaining a loan.
Assess stages of financing in a minimum 1,400 words which includes the following:
- Analyze sources of financing and the stages used by the investors such as Venetur Capitalist stages.
- Assess the trade-offs between debt and equity financing for an entrepreneur.
Cite a minimum of one peer reviewed reference from the University Library.
Note: This assignment must be saved for the ENT/588 course, Special Topics: Innovation and Design.
Format assignment consistent with APA guidelines.
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