magine you are in the process of planning to launch a new business venture in Canada. Your task is to conduct a comprehensive financial analysis to determine the initial funding requirements for your startup. Consider all the critical expenses your venture will incur, from initial setup costs to operational expenses during the first year.

 

Estimate Funding Needs:

Identify key startup costs (legal fees, equipment, marketing, etc.) and operational expenses for the first year.

Calculate the total initial funding required.

Evaluate Funding Options:

Personal Savings:Assess using personal savings for funding. Discuss pros and cons.

Debt Finance:Consider loans or credit lines. Analyze interest rates, repayment terms, and financial impact.

Equity Finance:Explore selling a business stake to investors. Evaluate implications for control and decision-making.

Make a Decision:

Choose a funding strategy (personal savings, debt, equity, or a mix). Justify your choice based on risk, control, and cost considerations.

Deliverable:Submit a brief report outlining your estimated funding needs, analysis of each funding option, your chosen strategy, and the rationale behind your decision.

Use the material on this material to answer AND PUT MAJOR EMPHASIS ON FINACIAL RATIOS AND A NEW BUSINESS START UP DOCUMENT THAT LOOKS MORE OF A FEASIBILITY STUDY

case studies

How Much Money Does Your New Venture Need? (hbr.org)