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1 FINAL ASSIGNMENT Final Assignment Tiffani West BUS 368 Venture Capital & Banking Professor Saverese August 21, 2018
2 FINAL ASSIGNMENT Final Assignment Starting a business can be stressful for a new entrepreneur. You must be prepared to research what it will take to startup your business and what legal requirements need to be followed. Every new business needs a financing plans so that the capital raised can be used for necessities. I am going to research an organization like mine, determine funding available, describe how much funding will be required, and recommend solutions to mitigate risks. All these things will help me when opening my business in the future and keep me from making rookie mistakes. Resale R Us is a privately-owned resale and consignment store in Livingston, Tx. It is categorized as a consignment shop and has an annual revenue of less than $500,000 and employs between one and four employees. It has been in business for twenty years and keeps its customers by staying involved within the tight knit community. When starting up the owner looked to angel investors and family for all her financing needs. She borrowed only the money she needed and started to build a foundation. She stocked her store and had a grand opening where she made a great first impression. Resale R Us has stayed in business because it has

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