script - Basically, we have 3 ways to raise the capital for...

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Basically, we have 3 ways to raise the capital for our company, we like use our own money, borrowed from our friends, loan from the bank, and also finding an investor, but since our startup money is about 500 thousands, too use our own money is far not enough, and also, even though to borrow money from a bank seems is the most common and easiest way, but for us, as a brand new company, its very pressure and risky to borrow money from a bank, also since we cannot provide the past business tax returns and company credit rating reports, a bank would only lend a small amount of money to us. So for us, the best strategy for us to raise capital is to find investors. Why we can attract investors Investors are looking for what can bring money for them, as for us we have High potential market. Every house hold needs a garbage bin, garbage bin is a necessity for a household, according to the states of Canada, there are 1.6 million households in the city of Toronto alone and total 4
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This note was uploaded on 12/12/2011 for the course ECON 101 taught by Professor Bi during the Spring '11 term at York University.

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script - Basically, we have 3 ways to raise the capital for...

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