Biology Forums - Study Force

Other Fields Homework Help Business Topic started by: goji.go on Jun 7, 2013



Title: Dwayne is seeking financial assistance for his business and needs to include a s
Post by: goji.go on Jun 7, 2013
Dwayne is seeking financial assistance for his business and needs to include a statement of funding requirements in the business plan. The statement of funding requirement should include all of the following EXCEPT ________.
A) term of the loan
B) personal credit history
C) type of funding needed
D) amount of capital needed
E) an exit strategy


Title: Re: Dwayne is seeking financial assistance for his business and needs to include a s
Post by: bbb on Jun 7, 2013
B) If one of the primary purposes of a business plan is to seek outside financing, another component of the financial section is a statement of funding requirements that indicates information such as the amount of capital needed, the type of funding, the loan's terms, and how the funds will be used. Since the statement of funding is based on the business, personal credit is not included in this section.


Title: Re: Dwayne is seeking financial assistance for his business and needs to include a s
Post by: goji.go on Jun 8, 2013
Thanks bbb