16- Financial Resources

16- Financial Resources - Jordan Kovalsky 1. Assignment 16...

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Jordan Kovalsky Assignment 16- Financial Resources 1. What financial resources would you need/want to get this venture going? a. Investors b. Someone capable of running the business- a good leader that can  effectively lead a team to success while being able to balance the finances. 2. What would be the advantage/disadvantage of the different WAYS you could do  early funding? (e.g. bootstrapping, borrowing, investors) Suggest you make a  small table of each way and its positive and negative potential). a. I think investors would be our best way to go. I think we can focus on the  bike stores we are using to purchase and repair the bikes at because they in  particular would be invested in the success of our company. On the other  hand this puts us in a deeper debt with them because we are borrowing  from them on two accounts. b.
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This note was uploaded on 02/07/2012 for the course MHR 365 at Wisconsin.

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16- Financial Resources - Jordan Kovalsky 1. Assignment 16...

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