1. Imagine you are reviewing a business plan. In which section of the business plan would you expect to find the answers to the following questions?
Question |
Financial Statements |
Marketing & Sales Management |
Service or Product Line |
|
---|---|---|---|---|
How much money will the owners invest in the business start-up? | ||||
How will the salespeople for this business be compensated? | ||||
What are the unique features of this business’s merchandise? |
2.
As you have planned for your new business, you have obtained a lot of valuable information from the U.S. Small Business Administration (SBA). You are now at the stage where you are arranging for financing. Which of the following are true about SBA financial programs? Check all that apply.
A.)The SBA has a program through which it guarantees loans made by commercial lenders.
B.)If you cannot get a loan through a bank, the SBA has a variety of lending programs that might help you obtain a loan.
C.)You should not assume that an SBA loan will be available to your business. SBA loans are not a major source of new business funding, due to restrictions on who can obtain SBA-backed loans and to budget cutbacks at the SBA.
D.)If you are denied a bank loan, the SBA ensures that you will have access to capital.
Question 1
Financial statements shows how much money will the owners invest in the business start-up.
Marketing & sales management shows how will the salespeople for this business be compensated.
Service or product line shows What are the unique features of this business’s merchandise.
Question 2
Option A is true about SBA financial programs.
1. Imagine you are reviewing a business plan. In which section of the business plan would...
Assignment : Imagine that a friend who knows you are working toward your degree in business administration is complaining about interest rates. Perhaps they think the rate they are getting on savings vehicles, like money markets, is too low, or the interest they are paying on their mortgage is too high. They conclude that it seems like no matter what they lose. 1) Respond to your friend's concerns. Be sure to be specific in supporting the points you are making...
please answer all questions or don't answer (T/F__T___8) A small business owner should avoid borrowing money when he/she sees a downturn in business or to refinance existing debt. _____9) Commercial banks are lenders of last resort for small businesses. _____10) A business owner does not pay interest on a floor-planned item in inventory until it is sold. _____11) Even companies whose financial statements are too weak to produce other types of loans can get asset-based loans. _____12) Trade credit, while...
True/False (T/F) _____1) The primary advantage of equity capital is that it does not have to be repaid with interest. _____2) The most common source of equity funds used to start a small business is an SBA loan. _____3) If an entrepreneur is not willing to risk funds in a business venture, other potential investors and lenders are not likely to provide capital either. _____4) Venture capital companies reject 90% of the proposals they receive because they don't meet the...
With $2.3 Trillion Injection, Fed’s Plan Far Exceeds Its 2008 Rescue The Federal Reserve said it would buy some municipal bonds and some riskier debt to help governments and companies. The Federal Reserve said it could pump $2.3 trillion into the economy through new and expanded programs it announced on Thursday, ramping up its efforts to help companies and state and local governments suffering financial damage from the coronavirus. The central bank rolled out its relief package just as the...
1. 2. CASE STUDY As a business plan expert, you are required to advise a group of prospective entrepreneurs to prepare a business plan for an upcoming enterprise. The business plan represents a combination of various sub-plans covering the broad areas of activities in a business operation. The group has realised that they need an amount of R200 000 to start the business, however, the group managed to raise R120 000 and they need R80 000 more. Their effort to...
1. [Bank Loan Considerations] Assume you started a new business last year with $50,000 of your own money, which was used to purchase equipment. Now you are seeking a $25,000 loan to finance the in- ventory needed to reach this year’s sales target. You have agreed to pledge your venture’s delivery truck and your personal automobile as support for the loan. Your sister has agreed to cosign the loan. During your initial year of operation, you paid your suppliers in...
Question 1 (1 point) Saved In a world without deposit insurance we would expect to see all the following EXCEPT: Question 1 options: frequent bank runs. the public being reluctant to deposit in banks. people keeping more money in cookie jars and under the mattress. Question 2 (1 point) Saved All the following are current regulations on banks, EXCEPT: Question 2 options: Banks need to show their books to on-site examiners. Banks need to hold a certain amount of capital...
CH3.1 Discussion Question: What happens to college students when the economy goes sour? Read the attached article under "CH3" and write a small paragraph (20 lines max) with a summary and answer the following questions: 1. Why does the government subsidize student loans? 2. What will likely happen as a result of lenders pulling out of this market? 3. Should the government do anything? CH3.2 Discussion Colleges, trade schools feel the pinch as lenders quit or restrict school loans Ang...
Question: Make a Business Plan for HERBAL Case
Study
1. Business Description
2. Statement of Reslience
3. Marketing
4. Operation
5. Management
6. Financial
7. Critical Risk Analysis
8. Exit Strategy
9.Project Plan/ Time Line
Students should note that this is a major work. All sections of the plan must be answered in detail and supported by relevant, quality evidence (i.e. academic references). The Plan must be presented in the correct format and order of the pro-forma plan. The assignment...
CH3.1 Discussion Question: What happens to college students when the economy goes sour? Read the attached article under "CH3" and write a small paragraph (20 lines max) with a summary and answer the following questions: 1. Why does the government subsidize student loans? 2. What will likely happen as a result of lenders pulling out of this market? 3. Should the government do anything? CH3.2 Discussion Colleges, trade schools feel the pinch as lenders quit or restrict school loans Ang...