We talked quite a bit about how an entrepreneur finances their business. They can be financed by grants, loans, and exchange for equity. The entrepreneur doesn't have to pay back any grants or gifts, but of course needs to pay back loans. They can also get money from an angel, who is a wealthy individual that will invest in a business. Entrepreneurs can float on that investment money until they need to pay back the money.
I think this information is important and will be useful in the future with my accounting and business management double major. With this information I will know how to obtain money to start and grow a business for myself.
Since we decided to cut the singing part of our project out it is quite a bit less stressful. It would have been nice, but we didn't have enough time to all be able to get together to get a true lay great sound. We are planning on sending the email out tomorrow. Today we finished writing up and editing how our email will be seen and Erika took a picture for it. We will send out the email tomorrow.
No comments:
Post a Comment