You are a business consultant. You have just taken on a new client for Enterprises Pty...

You are a business consultant. You have just taken on a new client for Enterprises Pty Ltd, a manufacturer of cakes. Your client has just begun the process of setting up this business. A business plan has been produced, the target market identified, raw materials sourced and manufacturing premises located. The next step is to figure out how to finance the business, and the client has come to you for advice. Recommend the most appropriate sources of finance by using your own words.

1. List the most appropriate sources of finance for THIS business in the start-up phase. This should take into account the size and nature of this business, explain why these sources are appropriate and discuss reasons why other sources of finance would not be appropriate for this company.

2. List the most appropriate sources of finance for THIS business for future expansion. This should take into account the size and nature of this business, explain why these sources are appropriate and discuss reasons why other sources of finance would not be appropriate for this company.

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