Question 2

a. Twenty-eight (28) years old Victor Brown, lost his right hand and leg in a motor vehicle accident three (3) years ago. He sued the driver of the motor vehicle and in July 2021, he was awarded a settlement of Twenty Million Dollars ($20,000,000.00). Mr. Brown is interested in investing his money in a Juice Manufacturing Company.

One of the main factors for establishing this company is to employ individuals with physical challenges.

There are two (2) options open to Mr. Brown

1. Purchase a 15years old juice manufacturing company currently being operated;

2. Purchase land a build a juice manufacturing company.

As Mr. Browns Social Worker, he approached you to assist him in looking at the available options to decide which would be a more lucrative investment. Having completed the course Entrepreneurship Seminar for Social Workers, you are more than ready to discuss the points with Mr. Brown.

Discuss three (3) advantages and three (3) disadvantages for each of the options stated above. (25 marks)

2. Additionally, Mr. Brown would need to acquire additional funds to finance the business. Name and explain five (5) methods of financing entrepreneurial activities to Mr. Brown.
3. (15 marks)