List and describe the forms of financing appropriate for the different phases of business development.
For this module’s written assignment, please make sure to complete the following before beginning this
assessment:
Read Chapter 6 – Financing Entrepreneurship
https://openpress.usask.ca/entrepreneurshipandinnovationtoolkit/chapter/chapter-6-financingentrepreneurship/ in your textbook. You will need the information in this chapter to understand the five stages
of business development and the forms of financing appropriate for each phase.
Watch the Video within the module 6 module under Resources
Respond to the weekly discussion and read your classmate’s responses to have a solid understanding of the
advantages and disadvantages of debt and equity financing.
Read the following article: Understanding the Financing Stages https://www.entrepreneur.com/article/42336
Assignment Directions
In a Microsoft Word document, provide thorough responses to the following:
- List and describe the following phases of business development:
Idea development
Start-up
Early operations
Growth
Exit or Harvest - Thoroughly describe the forms of financing appropriate for each phase of business development.
Rubric
Week 6: Financing Strategies
Sample Solution
