Friday, 14 June 2019
Business Plan Solutions Essay Example | Topics and Well Written Essays - 500 words
Business Plan Solutions - Essay ExampleThe music retail store can also be funded by in baronial investors like family, friends, relatives, employees, or colleagues if they are willing to chip-in some of their available money. This possibility of course, is positively related to their support to Rhodas business infer.More formal sources of equity will be angel investors and venture capitalists. Angel investors are usually affluent individuals who provide capital to small start-up businesses. These individuals often hope for high up returns on their investments (Ward, 2000).Rhoda Allegro can also seek equity financing from venture capitalists. Venture capitalists are also individual who supplies capital for the start-up or blowup of a business venture. Like angel investors, venture capitalists are looking for higher returns on their investments than traditional investments. The main difference between angel investors and venture capitalists is that the former is usually equipped wit h skills in managing a business while the latter is a professional investor. An angel investor is often interested in adding apprise to the company aside from profiting from his/her investments (Ward, 2000).In summary, Rhoda Allegros business can be financed by formal and informal sources of financing.