Capital is another word for
Money
One of the three sources of debt funding
Banks
Credit unions
Relatives and friends
The process of raising capital through the sale of shares to investors
Equity financing
These provide financing such as grants and subsidies that may be available to your business
Government agencies
Is Ms Adams currently in school?
Yes
Investors will ______________ ________________a company before investing
Thoroughly research
These are looking for companies with a sound track record and that have excellent credit
Banks
The benefit of equity financing to a business is what
that the money received doesn’t have to be repaid
To get these there may be strong competition and the criteria for awards are often strict
grants
How old is Ms Adams
33
What is: A process through which a company raises funds from external sources to achieve its strategic goals
For this type of funding if you do not meet the membership requirements, you cannot get the loan.
credit union
Wealthy, experienced businesspeople who invest their time and money in high-growth businesses in exchange for equity
Private (angel) investor
generally focus on the high-tech sector by providing support for new businesses in various stages of development
Business incubators
What is Ms Adams favourite colour
purple
When raising capital entrepreneurs need to be able to do what (choose one of three)
Generate excitement about ideas
Show a strong commitment to the venture
Believe in its success
If you are planning to borrow money from friends or relatives for start-up capital, you must thoroughly explain
Risks and opportunities
A form of financing by specialized companies that are made with high-growth ambitions and significant capital requirements
venture capital
Two things business incubators generally share with entrepreneurs
premises, as well as their administrative, logistical and technical resources
What is Ms Adams favourite take out food
Sushi (specifically salmon)
The three types of raising capital are
Debt financing
Equity Financing
Specialized Sources of Financing
When borrowing money from friends or family what are three things, you should be aware of
Family and friends rarely have much capital
They may want to have equity in your business
A business relationship with family or friends should never be taken lightly
What two things do entrepreneurs potentially give away when using equity financing
Money (shares, stocks etc), decision making
Three things you will need to provide to apply for a grant
A
detailed project description
An explanation of the benefits of your project
A detailed work plan with full costs
Details of relevant experience and background on key managers
Completed application forms when appropriate
Name a place on Ms Adams travel bucket list
Greece, England, Ireland, Scotland, Hawaii, Seattle, + others