Description
- Analyze options for financing a small business.
Review Lesson 4 as well as section 5.2 The Necessity for a Business Plan in your textbook Small Business Management in the 21st Century . As part of well written essay, discuss at least four (4) options for financing a new small business. What are the pros and cons of each? For what type of business would each option be best suited?
Explanation & Answer
View attached explanation and answer. Let me know if you have any questions.
1
Management Question
Institutional Affiliation
Instructor’s Name
Student’s Name
Course Name
Assignment Due Date
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Management Question
In lesson 4, as well as section 5.2, we discussed the necessity of a business plan for small
business management. The business plan should be written by the management in collaboration
with the employees, highlighting the steps of actions that will be taken to actualize the set goals
and objectives (Cadden & Leuder, 2012). Writing a business plan is increasi...