Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you are a business consultant. you have just taken

You are a business consultant. You have just taken on a new client for Enterprises Pty...

50.1K

Verified Solution

Question

Finance

You are a business consultant. You have just taken on anew client for Enterprises Pty Ltd, a manufacturer ofcakes. Your client has just begun the process of settingup this business. A business plan has been produced, the targetmarket identified, raw materials sourced and manufacturing premiseslocated. The next step is to figure out how to finance thebusiness, and the client has come to you for advice.Recommend the most appropriate sources of finance by usingyour own words.

1. List the most appropriate sources of finance for THISbusiness in the start-up phase. This should takeinto account the size and nature of this business, explain whythese sources are appropriate and discuss reasons why other sourcesof finance would not be appropriate for this company.

2. List the most appropriate sources of finance for THISbusiness for future expansion. This should takeinto account the size and nature of this business, explain whythese sources are appropriate and discuss reasons why other sourcesof finance would not be appropriate for this company.

Answer & Explanation Solved by verified expert
4.4 Ratings (901 Votes)
Here is solution of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Explain the reasons for bond ratings and how prices of bonds may be affected. Are bonds...

Finance
Q

A. Two years ago, you opened an investment account and deposited $6,000. One year ago, you added...

Finance
Q

Eugenics is a movemnet in the early 1900's that was used in the justification of a...

Psychology
Q

The histogram on the left shows a population s distribution of phenotypes before selection occurs...

Biology
Q

e answer above is NOT correct Determine the value of h such that the matrix...

Algebra
Q

ubmit Assignment Test Ch 4 and 6 Question 1 of 25 Step 1 of 1...

Algebra
Q

Rouse Builders builds 1,500-square-foot starter tract homes in the fast-growing suburbs of Boise. Land and...

Accounting
Q

The HST collected on a sale of merchandise is recorded as cost of goods sold....

Accounting
Q

Mauro Products distributes a single product, a woven basket whose selling price is sh.15 and...

Accounting
Q

Which of the following inventory costing methods brings in the highest cost of goods sold...

Accounting
Q

Despite some theoretical assertions, many investors do care a great deal about dividends. They believe...

Finance
Q

Calculate the expected return on stock of Gamma Inc.: ...

Finance