This topic contains a solution. Click here to go to the answer

Author Question: List and briefly discuss funding options for a start-up online business. What will be an ideal ... (Read 99 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
List and briefly discuss funding options for a start-up online business.
 
  What will be an ideal response?

Question 2

List and briefly describe the three steps that most new businessesbrick-and-mortar, pure play, or click-and-mortargo through.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

When the entrepreneur's personal funds are insufficient, the entrepreneur will go to friends, family members, or to angel investors or incubators. Incubators usually provide support services, whereas angel investors and venture capitalists provide funds for a prospective online business. The business and business owners usually benefit greatly from these arrangements, but the funding sources are scarce and competition for funds is stiff.

Answer to Question 2

The first step is identifying a consumer or business need in the marketplace. Many businesses simply begin with a good idea about an innovative way to meet a need, even needs that are not yet recognized by customers. The second step requires investigating the opportunity. It is important to develop a business plan to determine the feasibility and viability of a business opportunity in the marketplace. In the third step, a determination is made about the business owner's ability to meet the need. Assuming that a realistic business opportunity exists, does the prospective business owner have the ability to convert the opportunity into success?




Sportsfan2111

  • Member
  • Posts: 585
Reply 2 on: Jul 7, 2018
Wow, this really help


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library