If you were to open up your own company, what would you do? How would you get started?

Describe the business,

including the type of business. Provide a business case. Determine why and how

much funding is needed for the company. Determine the sources of funding.

Consider self-funding, borrowing, equity, venture capital, etc. Evaluate the

requirements of each funding source you determined appropriate. Analyze the

associated risks of each funding source. Decide which sources are the best fit

for your company based on the requirements of each. Justify your decision.

Estimate the cost of capital for both short-term and long-term funding sources.

Research current estimated APRs for your selected sources of funding. Create a

profit-and-loss statement for a 3-year period. Project revenue, stating

realistic assumptions, such as growth per year, in your projections. Estimate

direct costs, including marketing, labor, supply costs, etc.