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Author Question: Shelley is very excited about launching her new businessproviding customized and personalized ... (Read 57 times)

rachel9

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Shelley is very excited about launching her new business–providing customized and personalized umbrellas. Her business will be completely online, and she is convinced she has thought everything through. The last step is getting investors interested in her venture, but they do not seem to be as excited as she is. When they ask her what the business is about, she can speak about it, but her documentation is confusing. She is concerned that she will never find the necessary investment or financing to get the business off the ground. What is the first thing you would recommend Shelley do?
◦ Forget about investors and talk to one of the chartered banks.
◦ Take a vacation.
◦ Write a business plan.
◦ Ask family and friends to invest.
◦ Take out a mortgage on her house to finance her venture.


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Marked as best answer by rachel9 on Oct 23, 2019

patma1981

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rachel9

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Reply 2 on: Oct 23, 2019
Thanks for the timely response, appreciate it


JaynaD87

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Reply 3 on: Yesterday
Excellent

 

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