|
Читайте также: |
The financing decision usually involves two options – whether to obtain loan that must be repaid (debt financing) or whether to share ownership (equity financing)
debt financing – borrowing money that has to be repaid at a later dante inn order to start a business
equity financing – any money invested by owners or by those who purchase stock in a corporation
23. Stages of growth (1-start up, 2- survival, …)
1. Start-up: in this stage, the main problems are producing the product or service and obtaining customers.
Can we get enough customers?
Will we survive?
Do we have enough money?
2. Survival: the business has demonstrated that it is a workable business entity. It’s producing a product or service and has sufficient customers.
3. Success: the company is solidly based and profitable.
4. Takeoff: problems here: how to grow rapidly and finance growth, how to maintain the advantages of “smallness” as the company grows
5. Resource Maturity: the company has made substantial financial gains, but it may start to loose the advantages of small size, including flexibility and the entrepreneurial spirit.
Дата добавления: 2015-08-27; просмотров: 100 | Нарушение авторских прав
| <== предыдущая страница | | | следующая страница ==> |
| Entrepreneurship, entrepreneur and small business. | | | Compare and contrast the three levels of strategy in an organization. |