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

50.1K

Verified Solution

Question

Finance

You are a business consultant. You have just taken on anew client for Enterprises Pty Ltd, a manufacturer ofcakes. Your client has just begun the process of settingup this business. A business plan has been produced, the targetmarket identified, raw materials sourced and manufacturing premiseslocated. The next step is to figure out how to finance thebusiness, and the client has come to you for advice.Recommend the most appropriate sources of finance by usingyour own words.

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

2. List the most appropriate sources of finance for THISbusiness for future expansion. This should takeinto account the size and nature of this business, explain whythese sources are appropriate and discuss reasons why other sourcesof finance would not be appropriate for this company.

Answer & Explanation Solved by verified expert
4.4 Ratings (901 Votes)
Here is solution of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students