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MGT 401 WEEK 5 Funding the Business and E-commerce Trend

MGT 401 WEEK 5 Funding the Business and E-commerce Trend

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MGT 401 WEEK 5 Funding the Business and E-commerce Trend

 

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You may want to visit your nearest bank or credit union.  Investigate the requirements that need to be met in order to secure funding to start your own business.

Write a 525- to 700-word paper (total) that addresses the following subjects:

What are the common sources of funding available to the entrepreneurs?  Consider:

·         Private Investment

·         Banks

·         Personal savings and assets

·         Friends

·         Family members

·         Corporate funding

·         Grants

If you are unable to secure funding, what are the alternatives to starting your own business?

What are the advantages and disadvantages of an e-commerce business?  Should traditional businesses also offer online sales?

Format your response according to APA guidelines.

Click on the Assignment Files tab to submit your assignment.