Economics Homework Help

The Basics of a Start-Up 

The Basics of a Start-Up

Overview

This assignment investigates the financial needs of your business venture from the first assignment, Your Business Venture. 

Instructions

Write a 3–4 page paper in which you:

Outline the financial start-up needs for this business. Consider  such items as cash, equipment, space lease or purchase, raw materials,  and labor costs. Provide a rationale for your estimates.     

This is only a preliminary list. As you progress in the course, this outline will be fine-tuned.

Once you have estimated the start-up needs for this business,  determine the best financing options to obtain the needed capital and  how you would approach securing this type of financing. Justify your  selection.

Evaluate the two most important financial ratios that you will use  to track the health of the business and explain how each would provide  insight to the business performance. Provide a rationale with your  response.