StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - Starting A Business

Only on StudentShare
Pages 3 (753 words)
Aqua-Pure Company would be engaged in the manufacturing and selling of Aqua-Pure Bottled Mineral Water. The bottled mineral water, which would be in PET containers, would be made available in 100ml, 500ml and 1liter variants. This product targets the health-conscious market comprising of people, who opt to consume water rather than soda or carbonated drinks…

Extract of sample

Another source of financing I may utilize is borrowings from my relatives or friends who would be willing to lend me some money, which I could repay once the business is making profit.
Moreover, I may seek potential business partners who have the financial capability to answer the capital needs of the small company. As such, they may become co-owners, thus, be entitled to receive portion of the earnings of the business.
Aside from these, I may also utilize external financing sources to address my capital requirements. In this regard, I can resort to borrowing funds from banks and other financial institutions2 that specialize in dealing with business entities and implement special lending schemes for start-up enterprises. In addition, I can borrow from specific government development agencies that support small-scale industries or apply in organizations that give out business grants for creative entrepreneurs3.
It should be noted that borrowing, deemed as long-term loan, from external sources entails risk exposure, therefore, this option is usually a major decision for small businesses. Given this, I should ensure that the company has the ability to service this loan including interest and that the loan terms are not burdensome to meet for small business owners like me.
The capital gathered from these sources would be ...
Download paper
Not exactly what you need?

Related papers

Starting Business
Technology-based start-ups are generally strategically and operationally agile which give rise to innovation. On the other hand, start-ups ventures have scarcity of resources and often struggle to arrange funds and other operational requirements that they need to get their ideas to market.…
12 pages (3012 words)
Starting a Business in United Arab Emirates
It is currently ranked the thirty-first in the world (UNDP, 2009) According to the International Monetary Fund, the UAE currently boasts of about $ 200 billion in purchasing power parity (IMF, 2009).…
4 pages (1004 words)
Starting the Business
It does not require a lot of skills or special training to start your own body shop, but the success will depend on your ability to go the job well and serve the customers to their satisfaction. With such reasons, the following information will help in starting your own body shop.…
7 pages (1757 words)
Starting A Business
Another source I can take advantage of is to borrow money from friends or relatives, who have more than sufficient cash and willing to lend.1…
3 pages (753 words)
Starting a small business
Small businesses are of advantage because they can be started on a very low cost and investment and also on a part time basis. These businesses are mostly popular in all the countries but they exceed in number in developing countries. There are many organizations which offer help while developing and starting a new business in the market. Internet businesses can very well be termed as small…
2 pages (502 words)
Starting A Business Personal Statement
I got candle (manufacturing) business is most appropriate for me. For idea generation I used the approach is market driven and the method used is "Growth Products" by which I tried to clearly perceive and think of growing products, which have experienced a regular and remarkable growth in demand. As I found that electricity problem is a greater problem here and during nighttime a few areas covered…