I need help in creating the financing request. the company chosen is PRET coffee subscription which we are planning to open in Canada. I posted this question earlier but got an answer not at all related to what i asked. KINDLY TAKE YOUR TIME AND HELP ME OUT IN THIS. if the picture is not visible properly you see the same document in course hero it is their.

Page 6 of 6 + 6. The Financing Request NOTE: You must assume there is no self-financing and that ALL funds required must be requested from your Class/Instructor. Assume you are making a formal request for financing using this Business Plan to illustrate how the financing will be successfully employed, and the financiers suitably rewarded for risking their money. 1. In your Business Plan, briefly describe the financing strategy/structure you will use to fund start-up and growth thru year 3, while balancing the drain of loan interest expenses and/or giving up some company ownership/control. Your financing strategy may include one or a combination of Debt financing, Capital financing, or both. Note: If there is a REAL potential for government grants, support or low interest loans, this can be included but must be fully specified and referenced. Hint: How much money will you need to get your business started? During growth? Hint: Refer to text and learning materials for more information on sources of funds. 2. In your Business Plan, write brief request letter requesting the funds for financing support. This letter will explain why financing is needed, how much, in what form, and how it will be used. You must indicate what your financiers will receive in return? (the first step in your financing negotiation). Each team will request financing in the form of Debt, or as Equity (Capital Investment), or a combination of both, with the following requirements: Debt Financing: Your class/instructor are your only source of non-government Loans. o Assume a 5% interest rate for all loans Specify the principal loan amount being requested, and the payback period for same Capital Financing: Your class/instructor are your only source of non-government Capital 0 Specify the $ amount of Capital investment being requested State the %share of ownership you are offering in return for the Capital being requested 3. Financing Effects on your Financial Statements o Your Financial Statements should be prepared to show how your company will look assuming that your financing request is fully granted Loans will be recorded in your Balance Sheet as an increase in your Cash asset, and as an increase in your Liabilities as a Loan (in the same amount) Capital Investments would appear in your Balance Sheet as an increase to your Cash asset, and as an increase in Owner's Equity (in the same amount) Your Income Statement will record all loan interest expenses. (Other than that, the Income Statement is not directly affected by Loan principal or Capital Investment amounts). For simplicity, All Long Term Assets will be subject to a 5-year straight line Depreciation rate