Question
please answer .....all the parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in
please answer .....all the parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the option is correct and why other options sre incorrect give reasons for the same , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.
4. Structuring a new business (Connect, Perform) Think about the different ways entrepreneurs can start their businesses. Which of the following can an entrepreneur expect when starting a new business as a franchisee? Check all that apply. a) The franchiser will provide the entrepreneur with some management help and support. b) An entrepreneur must comply with practices required by the franchiser; that is, the franchisee cannot run the business however he or she wants. c) The franchiser will expect the entrepreneur to purchase supplies from a pre-approved distributor. d) All information needed to determine whether to buy a franchise is included in disclosure documents provided by the franchiser. Because you have planned to open a business for many years, you have saved enough money to run the business for at least 6 months. Which of the following are benefits of using your own money, rather than getting loans? Check all that apply. a) Most businesses start generating a profit after about 3 months; you can determine the amount of savings needed based on this estimate. b) If the business is not successful, you may use up your savings, but you will not have a loan, which would require making loan payments, despite the failure of your business. c) You can avoid going through the approval process for a loan. d) As long as you have living expenses covered for at least 1 month, using personal savings is probably the best way to finance a new business. As you have planned for your new business, you have obtained a lot of valuable information from the US. Small Business Administration (SBA). You are now at the stage where you are arranging for nancing. Which of the following are true about SBA financial programs? Check all that apply. a) If you cannot get a loan through a bank, the SBA has a variety of lending programs that might help you obtain a loan. b) You should not assume that an SBA loan will be available to your business. SBA loans are not a major source of new business funding, due to restrictions on who can obtain SBA-backed loans and to budget cutbacks at the SBA. c) If you are denied a bank loan, the SBA ensures that you will have access to capital. d) The SBA has a program through which it guarantees loans made by commercial lenders. You are also interested in obtaining funds from a venture capital company. After all, many successful companies started in this manner, and it seems like an easy way to get money. Howevel; your friend, Yvette, explained that your conception of what venture capital entails may be inaccurate. Which of the following statements made by Yvette are correct? Check all that apply. a) Venture capital companies typically look for businesses with rapid growth potential. b) A venture capital company usually takes an equity (ownership) position when it invests in a business. c) A venture capital company may insist on having input regarding major business decisions as part of ithejnyestmentaqreementStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started