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Course Project Milestone 2 Scenario: You invented Dura - Clear windows that never need washing! Nothing sticks to them not pollution, pollen, dirt, dust, bird
Course Project Milestone
Scenario:
You invented DuraClear windows that never need washing! Nothing sticks to them not pollution, pollen, dirt, dust, bird droppings, fingerprints. Youve invested all your savings, your parents savings, and some of your friends savings into the R&D production, and startup of your business. Its been three years since you started selling your windows primarily to singlefamily homeowners, but now apartment building contractors nationwide have been requesting your windows. Unfortunately, youre already operating at full capacity. It's time to switch from singlefamily homes to commercial buildings, but to do so requires a large infusion of funding for expansion. You need more of everything: space, equipment, employees, etc. Ever the optimist; you applied to the TV show Shark Tankwhere entrepreneurs compete for funding from angel investors sharksto see if a shark will invest in your company and serve as a mentor as well. To your surprise, you were accepted to the show! You've already prepared most of your marketing and sales pitches, and now it's time to put together your forecasted financial statements. You intend to show the sharks that backing your business would be profitable. You also need to determine how much funding to ask for in exchange for how much ownership you'll give up
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