Bus 435 Discussions Question 1 & 2

Brand New responses ONLY!! 250 word count each

Discussions Question 1 Start-Up Capital
 
How do you obtain your start-up capital? Identify at least three sources of your start-up capital. There are four types of loans available from banks for new ventures. Which type of loans would you prefer to borrow from banks? Explain why you prefer to borrow that particular type of loan. 

Discussions Question 2 Sales and Cash Budget 
 
Define sales budget and cash budget. Explain the importance of sales budget and cash budget to the owner-manager. How do you use sales budget and cash budget to control the operation of your venture? Give a detailed example of how the process of a sales budget and a cash budget would work for your venture.