Running head: FINANCING ENTREPRENEURIAL VENTURE DAYONE CASE1Financing Entrepreneurial Venture DayOne CaseENT/527December 3, 2018With DayOne it is a company that is being developed by entrepreneur Andrew Zenoff andSallie Weld. Andrew and Sallie was having coffee in a small diner in San Francisco and Andrew and Sallie decided to try their hand a business called DayOne. Andrew and Sallie discovered thatthere was no single service provider that was able to serve the needs of new moms. So Andrew and Sallie thought it would be a good idea to try their hand at a business to help serve single newmoms and to create a company that may provide new and expecting parents a broad supportive business model that could prepare them for a new child. But they would need to decide on how they are going to fund this business so that they are able to get it off the ground and who are theygoing to get to invest in this business to help them succeed. Securing CapitalIt is not a straight forward process to start a new business. There are several important ingredients to consider when starting a new business and must have passion for what you are wanting to do and have a business plan put into place so that you are able to find investors and then you would need to make sure that the financing is secure so that you can launch a new
FINANCING ENTREPRENEURIAL VENTURE DAYONE CASE2business venture, but when it comes to financing. g it may be a challenge for a new business. Although entrepreneurs may provide their own capital along with the assistance of family and friends so as the business starts to grow it may need extra capital. The total of capital entrepreneurs need to start their ventures depends on new things, and on the kind of company they are planning to open, the ambition of the entrepreneurs, the location of the business and the state to where it is happening (Bygrave & Zacharakis, 2015).