Question
Read the pages in the Entrepreneur June 2017 edition and answer the below questions. (Tasks 1-6). This is a story of a start- up. You
Read the pages in the Entrepreneur June 2017 edition and answer the below questions. (Tasks 1-6). This is a story of a start- up. You can research on other similar companies to enhance your answer.
TASK 1 The report should cover the following points related to
1. (LO 1.1) Identify and discuss the main sources of finance available to the company, Include discussion on internal, external, long-term, short/medium-term sources of finance available this company - (minimum half a page)
(LO1.2) Assess the implications of the different sources of financeavailable. Include discussion on advantages and disadvantages of each source of finance considering legal and financial implications. (minimum half a page)
(LO1.3) Evaluate appropriate sources of finance for compareit4me. which needs to decide on the choice of financial funds for which will require capital for the following:
a) Investment in the big data analytics
b) Renting of office premises for a period of 3 years
c) Day-to-day operations
Suggest appropriate sources of finance for each of the above expansion purposes providing your reasoning. Finance sources should be carefully matched with their purpose.
(minimum one and a half a pages)
(LO 2.1) Discuss the various costs associated with the sources of financesuggested for the expansion needs above. Provide examples and explanations. (minimum one page)
DOUBLING grow, they've witnessed the growth since their original Series A funding, and they strongly believe in our plans for the future." It's a great tors want to see this as well," Chehab adds. "It would be a pretty bad sign if your exist- ing investors stopped taking part in rounds, so it's impor- tant for us to get these guys to come back in. It gives the right signals to new, incoming investors." JON RICHARDS AND AMREHAB COMPAREIT4ME.COM FOUNDERS MAKEEVERY (INVESTMENT) ROUNDCOUNT And compareit4me certainly would like to see new names in its list of ivestors- the company is, after all, looking to close a Series B round of indication, then compare- expected to be more than Entrepreneur Middle East t4me's rivals should indeed double that of 2016. Another $10 million in the coming filmed compareit4me.com co-founders Jon Richards themselves against it- after cnt state is how its back to some really interesting and Samer Chehab for an all, since its launch in 20ers keep returning to support nvestors-guys who can episode of #EntMETalks, this enterprising startup a video series that we think twice before pitting good sign of compareit4me's months. "We're speaking the venture- its latest funding round sees the participation of existing investors STC Ven- few rounds if we need it," write really big checks, who can support us for the next has been able to raise a total which is, by itself, a testatures, Wamda Capital, Dubai Chehab reveals. "Not only ment to how well this online Silicon Oasis Authority and this, but they will also be able we asked the duo if they comparison site is doing. Its Saned Partners, and the sig to support us with guidance had a message for theirnumbers are impressive: CFO nificance of this act isn't lost and contacts." But getting competitors in the market, Jonathan Rawling tells me o Chehab and Richards. "We funds in this round hasn't don't take this for granted; that compareit4me has seen organic traftic rise by over e feel incredibly lucky that 400% since January 2015, these guys are ready to sup- and since its Series A round in September 2015, its annu been smooth sailing, the co- founders note. It's not easy Chehab says, "I think we're and Richards replied: "Haram what I'd say!" He said this port us on an ongoing basis," lucky that we've shown great Richards says. "But this is not growth. We've shown that we in late May about raising arevenues have more than qua a charity. They're supporting have a good understanding of the insurance market, and announcemen total of US$3.5 million is any drupled, with 2017's revenue us because they've seen us
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