FIN 375 Week 3 Team Assignment: Funding Your Business Paper

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FIN 375 Week 3 Team Assignment: Funding Your Business Paper

Assignment Content

Team Assignment

Total points available 200

Very Important! Blackboard only allows ONE submission per group. Please do not post your assignment until you are positive it is complete. Blackboard will not allow additional postings to group assignments.

Purpose of Assignment

This assignment asks you to describe a new business you'd like to start, as well as the advantages and disadvantages of starting a business from scratch versus buying an existing business.

Assignment Steps

Write a minimum 1000 word paper on funding a business, in which you:

1. Describe a business that you would like to buy or create. What are the advantages and disadvantages of buying an existing business? What are the advantages and disadvantages of creating a business from scratch?
2. Describe the various types of funding available to a business, and include at least three examples.
3. Explain the advantages and disadvantages of each type of funding.
4. Identify the best source of funding for your business, and explain why you selected this source.

Format your paper consistent with APA guidelines.

Submit the assignment as a word.doc file format. Do not submit as a PDF file.