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By MIRA Consulting 1/24/014
Good guestion and there are several challenges in obtaining financing for your business. Of course, if you are politically connected, such may, and I say that with caution, provide special inroads for you for grants or special legislation that locks your venture into the deal. Look at the failed obamacare website... and HHS did not even set out a competetive bid. That deal was awarded to a classmate of Michelle Obama (old friends, you know). However, such a ''deal'' will carry a significant price tag (payback) later. Just keep in mind, eyes are watching.
First and foremost, banks will require a security against a loan, and the only security that stands a chance is real estate. That same rule goes for SBA loans. Exceptions: There are many types of secured loans which rely upon inventory or other acceptable assets. Your signature and promise is not sufficient security. If you think you are going to get a loan without real estate to back it up as a security, you are dreaming a myth.
Private Investors: Not likely, unless they have read your business plan and they understand the business. Add to that, don't expect them to hand over a chunk of cash without expecting a risk return. In business, it is a transactional thing, and if you don't plan on rewarding your investor, it's not going to happen.
Venture Capital: Sure, go for it. They will charge you $30,000, $50,000, $100,000 to '' place '' your venture, and don't exepect them to do anything more than take your money and publish your venture on a buch of lists. Good luck.
Best advice: Start small, see how your venture launches. See how the market responds to your product or service. Grow as the market supports your growth. Reinvest as much as possible into the biz, and keep plenty of working capital available so that you don't need to scramble for a loan with a predatory lender.
Loans by Relatives or Friends: USE WISDOM - THE ANSER IS ''NOT A GOOD IDEA''
Business Partner: Just remember, any business partner is going to be like a second marriage. It will be a challenge at first, it will have sweet times, but one day the other party will part ways with you, and the cost of that splitup is going to cost you dearly. Advice: If you are entering a venture with a business partner.... see an attorney first.
What else can I help you with?
Explain why a business might find it hard to get external funding for its development?
I suggest you read page 104 of your business studies fo A Level book and then answer it instead of trying to cheat at your homework!
Why are Scholarships bad?
Scholarships can create inequities by favoring specific groups, potentially overlooking deserving students from less recognized backgrounds. They may also lead to a reliance on external funding, which can perpetuate uncertainty about financial support. Furthermore, the competitive nature of scholarships might pressure students to prioritize grades over holistic personal development. Lastly, some scholarships might not address systemic issues in education funding, leaving many students still in need.
Why does asymmetric information push companies to raise external funds?
Asymmetric information occurs when one party in a transaction has more or better information than the other, often leading to issues like adverse selection. Companies may struggle to attract investment if potential investors lack confidence in their ability to assess the firm's value accurately. To mitigate this risk and signal their quality, companies may opt to raise external funds, such as issuing equity or debt, to demonstrate commitment and enhance credibility. This external funding can also provide the necessary resources for growth and development that might be difficult to secure through internal financing alone.
Why might it be more difficult to successfully practice sustainable development in a developing nation in a developed nation?
Because developed nations aren't so much developing. That does make it a little more difficult to practice sustainable development in a developing nation in them, doesn't it?
Does the Red Cross have governmental funding?
No, the Red Cross does not receive governmental funding. Its funding is strictly by contributions. Individual national governments do contribute to the Red Cross. It might help to clarify the difference between 'contributions' and 'government funding'. The International Committee of the Red Cross may not receive government funding - although yes, they do receive 'contributions' or donations from national governments. However, on the national level, the Red Cross organizations are receiving government funding. In the case of the UK and Canada, the Red Cross organizations in those countries are not just receiving 'contributions', they are receiving government funding and have funding agreements with the governmental aid agencies. The British Red Cross was received the most government funding (£52 million) above all other international development NGOs from the Department for International Development (UK). This funding was listed under bilateral aid in DfID accounts, which is still government funding and comes with conditions. The Canadian Red Cross received $210,268,139 from all levels of government. The funding the Canadian Red Cross receives from the federal government (specifically the Canadian International Development Agency, CIDA) comes from both funding agreements with specific outcomes and matching donations for emergency situations.
What are the disadvantages of the rucker plan?
The Rucker Plan, while aiming to address educational funding disparities, has several disadvantages. Firstly, it may lead to increased complexity in the funding allocation process, making it difficult for some districts to navigate. Additionally, it could inadvertently perpetuate inequalities if wealthier districts find ways to supplement their funding further, undermining the plan's intent. Finally, the implementation might face resistance from stakeholders who are concerned about potential changes to their funding and resources.
What is an example of a financial measure that an external user might use?
what is an example of a financal measure that an external user might use
Where can one find more information on receivables funding?
You can find information about receivables funding by reviewing the literature of a company which provides this service, such as their website or by calling to speak with a representative about how receivables funding might benefit your business.
What might be an example of corporate social responsibility?
funding water conservation technologies
What things might occur to change the linear progression of rour team development?
Changes in team members, shifts in project priorities, limited resources, and external factors such as market fluctuations or sudden changes in leadership can all disrupt the linear progression of team development.
Do you build USDA-Rural development Direct homes funding by the USDA-RD or do you know a builder that does construct USDA-RD homes?
CPN Construction might do that 1601 S Gordon Cooper Dr, Shawnee, OK - (405) 964-4901
Why might technology get more funding for research than basic science?
There is a potential for profit in technology.
