Question 1: Explain it clearly

Your parents gave you A$100,000 to start a business. However, you need more money to start your dream business. You have approached a bank and the bank has asked for a Business Plan. The Business Plan should include the following information:

1.Name of the Business

2.Location (including country) and address

3.Owner(s)

4.Nature of the Business (Product or service)

5.Existing capital and suppliers of the capital

6.Future plan for next two years

7.Amount of additional funding required and the reasons why do you need the additional funding