As an entrepreneur, you will do the basic research to identify the various sources of funding and revenue streams available for a start-up business. You will complete the following tasks in this regard.

You will undertake research on businesses:

Of differing sizes (e.g., small, medium, large-scale businesses)

discuss the different stages of development (e.g., start-up,

sole trader, partnerships, private and public limited etc)

of various types that operate with different objectives (e.g.,

expand, to develop products, to develop in new markets, to

relocate etc)

Businesses that offer different products and services (e.g.,

goods or services or both)

Businesses that operate in various sectors (e.g., retail,

electronics, health, etc)

In your report, you must include the following aspects for the different businesses at the different stages of their development:

o A detailed explanation which includes features and sources of finance (both internal and external sources of finance that are available to a business)

o An explanation of how these sources make an impact on the organization

o An explanation of the different sources and suitability of revenue that are available for a business.

o Various approaches taken by different businesses to raise funds for their businesses with an analysis of similarities and differences with regard to their approach.

o You would also explain the advantages and disadvantages, and business risks involved in the different types of internal and external sources of finance.

o You would also make a judgment on how the funds raised through internal and external sources meet with the funding requirements of the organization.

o You will provide a conclusion determining the most appropriate types of business finance for various types of businesses in their different stages of development.