I have attached the assignment and also the paper I did last week,,, Please provide reference in APA throughout the paper. Also provide a reference page, Please don;t plagarized

Running head: HUMAN HAIR COMPANY ABC Human Hair Company Student's Name Institution 1 HUMAN HAIR COMPANY 2 ABC Human Hair Company ABC Human Hair Company is company that seeks to offer extensions, braids, custom wigs and hairpieces. The wide range of products and services makes it the most preferable human hair company in the city. For instance, the company offers the most preferred synthetic hair blends due improve the natural and more versatile looks to its customers. The company has also implemented reliable supply chain that ensures the continuous supply of the hair products to the customers without any shortages. The company targets a market of around 5, 000 customers monthly and works with 10 employees well trained and skilled to offer quality services to the customers. The targeted population of the customers includes women and young girls who demands for hair dressing almost every week. However, the company also targets a small population of men who demands for human hair services. Thus, the demand for the human hair is quite high in the city. The company has adequate hair dressing equipments including the dryers and other units. The business is also located in strategic location in the city to ensure that it is more accessible to the customers. In order to market the business, the company will invest on both online marketing campaigns such as the ads and television campaigns (Chua, Chrisman, Kellermanns & Wu, 2011). The two marketing channels are quite influential due to their wider coverage and access to increased customers. The online ads will include the social media ads, as most of people rely on the social media to obtain information relating to different aspects of their lives including fashion. The company will rely on the bank loan and borrowing from friends to finance the initial start up costs of at least $250,000 and operations of the business. HUMAN HAIR COMPANY 3 The two companies Natural Human Hair (NHH Company) are appropriate benchmark to my current business venture. The Natural Human Hair company is brand of the former CIS brand of Uzbekistan. The company was started as small family business years ago when it only provided one kind of hair. However, for years now, the company has established itself to offer wide range of hair and other different products. The company is focused on the sales of natural hair as well as providing quality and satisfaction to the clients. In comparison with my ABC Human Hair company, the company was only financed by family savings and money borrowed from relatives (Chua et al., 2011). The family who started the business was aiming at growing the company slowly into a huge business. In contrast, my conceptual venture only focuses on starting a well-established business with finances from bank loans and borrowing from friends. This means that the company will incur some costs of capital and interests during the repayment of the loans of borrowed. Thus, the business will face increased costs from the costs of borrowing unlike the freedom enjoyed by Natural Human Hair Company. Based on the comparison, it is clear that NHH enjoyed some financial freedom and progress through the investments of the family savings, while by business venture has an opportunity to grow and successes rapidly, but it faces increased risks of repaying the loans borrowed from the bank (Atherton, 2012). The managers of the company must implement appropriate internal controls to avoid insolvency of the company. In addition, Diamond Virgin Hair is also different from my business venture as it was fully financed by family and personal savings. Diamond Virgin Hair company has grown for 10 years now following its commitment to offer high quality of the human hair. The mission of the company was targeted towards ensuring that the company does not borrow any money to invest HUMAN HAIR COMPANY 4 in its business. It relied solely on the family investments and personal savings as well as retained earnings to finance its operations. This is quite different form my business model and venture that will rely on bank loans and borrowing for friends to expand and growth the business. My business venture seems to be funded differently from the two companies due to the borrowing of funds from the bank through a loan. However, it is also funded similarly due to the borrowing of finances from friends. It is not costly to use personal savings and money from friends to finance business venture as in the case of NHH and Diamond Virgin Hair Company. However, my business venture is likely to face increased costs and expenses due to the borrowing of money from bank to finance the start up costs and the operations of the ABC Human Hair Company (Schwienbacher, 2014). In summary, it is clear that reliance on bank loan would not offer financial freedom as expected in the Human Hair industry. Both Diamond Virgin Hair and NHH started their operations with personal savings and family incomes towards growing their business. My business venture should be well reviewed in order to ensure future financial success and performance. HUMAN HAIR COMPANY 5 References Atherton, A. (2012). Cases of start-up financing: An analysis of new venture capitalisation structures and patterns. International Journal of Entrepreneurial Behavior & Research, 18(1), 28-47. Chua, J. H., Chrisman, J. J., Kellermanns, F., & Wu, Z. (2011). Family involvement and new venture debt financing. Journal of Business Venturing, 26(4), 472-488. Schwienbacher, A. (2014). Financing the business. Routledge Companion of Entrepreneurship, London, 193-206. Venture Budgeting and Forecasting Paper FIN/375 Version 1 1 University of Phoenix Material Venture Budgeting and Forecasting Paper Resources: Kudler Opening Budget Write a 700- to 900-word paper in APA format in which you do the following: Illustrate how your venture would perform by estimating the revenue and expense to calculate operating profit or loss. Include estimates of your venture's main sources of revenue and the expenses expected in the main cost categories such as the cost of goods, sales and marketing, labor, rent, maintenance, and any other significant expenses. Illustrate your venture's startup costs by estimating a preopening budgetalso termed development budgetthat includes startup costs such as building and construction, Web site development, preopening marketing, equipment, merchandise, preopening operations, research and development, working capital, and any other significant preopening expenses. An example of a preopening budget may be found in the materials listed on the course page for the University of Phoenix student Web site for Week Two named Kudler Opening Budget. Develop financial planning goals by illustrating how your venture would be initially funded by using cash on hand, debt, venture capital, or a combination of these. Use a mortgage calculator found on the Internet and calculate your loan payments. Include these expenses in your Operating Budget. Use the information below to help in your calculations: Building and Construction Estimation* Remodeling Fees $200 per Square Foot New Building Construction Fees $450 per Square Foot *Multiply square footage of small business by fee for estimation. Interest Information 10 Year bank Note (Debt) 5 Year Venture Capital Loan 7.5% Interest 15% Interest Examples of Profit Split for Venture Capital Partnerships* Example 1 Venture Capital Investment 1 $300,000 Cost to Develop Business 1 $1,000,000 Venture Capital Profits 1 30% of Business Profits Example 2 Venture Capital Investment 2 $500,000 Cost to Develop Business 2 $2,000,000 Venture Capital Profits 2 25% of Business Profits *Profit split is commensurate with the ratio of investment. Post your assignment as a Microsoft Word attachment. Running head: HUMAN HAIR COMPANY ABC Human Hair Company Student's Name Institution 1 HUMAN HAIR COMPANY 2 ABC Human Hair Company ABC Human Hair Company is company that seeks to offer extensions, braids, custom wigs and hairpieces. The wide range of products and services makes it the most preferable human hair company in the city. For instance, the company offers the most preferred synthetic hair blends due improve the natural and more versatile looks to its customers. The company has also implemented reliable supply chain that ensures the continuous supply of the hair products to the customers without any shortages. The company targets a market of around 5, 000 customers monthly and works with 10 employees well trained and skilled to offer quality services to the customers. The targeted population of the customers includes women and young girls who demands for hair dressing almost every week. However, the company also targets a small population of men who demands for human hair services. Thus, the demand for the human hair is quite high in the city. The company has adequate hair dressing equipments including the dryers and other units. The business is also located in strategic location in the city to ensure that it is more accessible to the customers. In order to market the business, the company will invest on both online marketing campaigns such as the ads and television campaigns (Chua, Chrisman, Kellermanns & Wu, 2011). The two marketing channels are quite influential due to their wider coverage and access to increased customers. The online ads will include the social media ads, as most of people rely on the social media to obtain information relating to different aspects of their lives including fashion. The company will rely on the bank loan and borrowing from friends to finance the initial start up costs of at least $250,000 and operations of the business. HUMAN HAIR COMPANY 3 The two companies Natural Human Hair (NHH Company) are appropriate benchmark to my current business venture. The Natural Human Hair company is brand of the former CIS brand of Uzbekistan. The company was started as small family business years ago when it only provided one kind of hair. However, for years now, the company has established itself to offer wide range of hair and other different products. The company is focused on the sales of natural hair as well as providing quality and satisfaction to the clients. In comparison with my ABC Human Hair company, the company was only financed by family savings and money borrowed from relatives (Chua et al., 2011). The family who started the business was aiming at growing the company slowly into a huge business. In contrast, my conceptual venture only focuses on starting a well-established business with finances from bank loans and borrowing from friends. This means that the company will incur some costs of capital and interests during the repayment of the loans of borrowed. Thus, the business will face increased costs from the costs of borrowing unlike the freedom enjoyed by Natural Human Hair Company. Based on the comparison, it is clear that NHH enjoyed some financial freedom and progress through the investments of the family savings, while by business venture has an opportunity to grow and successes rapidly, but it faces increased risks of repaying the loans borrowed from the bank (Atherton, 2012). The managers of the company must implement appropriate internal controls to avoid insolvency of the company. In addition, Diamond Virgin Hair is also different from my business venture as it was fully financed by family and personal savings. Diamond Virgin Hair company has grown for 10 years now following its commitment to offer high quality of the human hair. The mission of the company was targeted towards ensuring that the company does not borrow any money to invest HUMAN HAIR COMPANY 4 in its business. It relied solely on the family investments and personal savings as well as retained earnings to finance its operations. This is quite different form my business model and venture that will rely on bank loans and borrowing for friends to expand and growth the business. My business venture seems to be funded differently from the two companies due to the borrowing of funds from the bank through a loan. However, it is also funded similarly due to the borrowing of finances from friends. It is not costly to use personal savings and money from friends to finance business venture as in the case of NHH and Diamond Virgin Hair Company. However, my business venture is likely to face increased costs and expenses due to the borrowing of money from bank to finance the start up costs and the operations of the ABC Human Hair Company (Schwienbacher, 2014). In summary, it is clear that reliance on bank loan would not offer financial freedom as expected in the Human Hair industry. Both Diamond Virgin Hair and NHH started their operations with personal savings and family incomes towards growing their business. My business venture should be well reviewed in order to ensure future financial success and performance. HUMAN HAIR COMPANY 5 References Atherton, A. (2012). Cases of start-up financing: An analysis of new venture capitalisation structures and patterns. International Journal of Entrepreneurial Behavior & Research, 18(1), 28-47. Chua, J. H., Chrisman, J. J., Kellermanns, F., & Wu, Z. (2011). Family involvement and new venture debt financing. Journal of Business Venturing, 26(4), 472-488. Schwienbacher, A. (2014). Financing the business. Routledge Companion of Entrepreneurship, London, 193-206. Venture Budgeting and Forecasting Paper FIN/375 Version 1 1 University of Phoenix Material Venture Budgeting and Forecasting Paper Resources: Kudler Opening Budget Write a 700- to 900-word paper in APA format in which you do the following: Illustrate how your venture would perform by estimating the revenue and expense to calculate operating profit or loss. Include estimates of your venture's main sources of revenue and the expenses expected in the main cost categories such as the cost of goods, sales and marketing, labor, rent, maintenance, and any other significant expenses. Illustrate your venture's startup costs by estimating a preopening budgetalso termed development budgetthat includes startup costs such as building and construction, Web site development, preopening marketing, equipment, merchandise, preopening operations, research and development, working capital, and any other significant preopening expenses. An example of a preopening budget may be found in the materials listed on the course page for the University of Phoenix student Web site for Week Two named Kudler Opening Budget. Develop financial planning goals by illustrating how your venture would be initially funded by using cash on hand, debt, venture capital, or a combination of these. Use a mortgage calculator found on the Internet and calculate your loan payments. Include these expenses in your Operating Budget. Use the information below to help in your calculations: Building and Construction Estimation* Remodeling Fees $200 per Square Foot New Building Construction Fees $450 per Square Foot *Multiply square footage of small business by fee for estimation. Interest Information 10 Year bank Note (Debt) 5 Year Venture Capital Loan 7.5% Interest 15% Interest Examples of Profit Split for Venture Capital Partnerships* Example 1 Venture Capital Investment 1 $300,000 Cost to Develop Business 1 $1,000,000 Venture Capital Profits 1 30% of Business Profits Example 2 Venture Capital Investment 2 $500,000 Cost to Develop Business 2 $2,000,000 Venture Capital Profits 2 25% of Business Profits *Profit split is commensurate with the ratio of investment. Post your assignment as a Microsoft Word attachment