Question
1. ) Hanna and Joey are good friends and able to come with a very feasible project. They both have the capacity to have business,
1. ) Hanna and Joey are good friends and able to come with a very feasible project. They both have the capacity to have business, but they didn't have the money to start the business. They looked for investors to have funds to start the business After 3 years, they don't have sufficient capital to produce the product. The technology that they are to use is now outdated and it would require big investment to buy new equipment and to hire new qualified employees. They would probably need two more years to make again a new sample of the produce and then present it again to the public.
Questions:
1. How important is money to make the project successful? Make good explanation.
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