In: Finance
Suppose you were given an opportunity to own a business of your choosing. First, briefly describe your business; then explain the most efficient way to raise capital to either start or expand your business. Provide support for your response.
Please Note- You just need to choose one way, and explain why the option selected is most efficient. Also, state whether capital is for starting or expanding the business.
Ans: About Business: My business idea is about opening an ice cream parlour. For this occasion one big space required like stall. Ambience should be like ioce cream parlour. it sould be rented. Two membes I and my friend have to start this business. Ice cream of several flavors are to be sold. The location of business need to be located at near by bus stand or near universcity area. As it can increase our selling units per day. In this business investment is not so much required. It is a small business. infrastructure of ice cream parlor should be completed to support day today operation.
Funding for Business :