4. Acquiring and Managing Business Finances

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Financing Options

Part 1

Respond to the following three questions in a minimum of 175 words each question

1. Discuss: Sometimes an entrepreneur needs an investor in order to begin a new business venture. (175 words)

2. Explain financing options for a small business. (175 words)

3. How do you estimate needed cash flow for a business’ objective? (175 words)

Part 2

Business Start-Up Budget Challenge

You are a consultant for a business start-up company and your main area of responsibility is coaching new business owners on developing start-up budgets.

Write a 1,050- to 1,400-word instruction guide on how to develop a start-up budget. 

Include the basic elements of the budget and why they are critical. 

Provide examples to support the approach new business owners should take when developing a start-up budget. 

Explain why a start-up budget is different than an established business budget.

Include a completed start-up budget template as further supporting information.

Cite a minimum of three sources.

Format your paper consistent with APA guidelines.

Part 3

Executive Summary

a) Complete Parts 1-3 of the Financials and Human Resources Planning template. (Word Doc)

b) Write a 525-word executive summary using the Executive Summary Data.

Format your paper consistent with APA guideline.