Describe the different stages of financing.
What will be an ideal response?
Seed Financing – Designed to research, assess, and develop an idea or initial concept before a company has reached the startup phase.
Startup Financing – Used for product development and initial marketing. Business may still be in the creation phase or have just started operations and have not yet sold their product commercially.
Post-Creation – Product is developed and needs capital to begin making and selling it.
Expansion/Development – Capital is used to increase production capacity and sales power, develop new products, finance acquisitions, and increase working capital.
Transfer/Succession – The total or partial retirement of the head of the company is an opportunity to implement a leveraged operation to undertake a buy-out or a buy-in.
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Systems operation includes the post-implementation review
Indicate whether the statement is true or false
Kilowatt hours would be an appropriate basis for distributing the cost of which of the following service departments to production departments?
a. Power b. Machine Maintenance c. Human Resources d. Building Maintenance
The size and growth potential for a segment includes which of the following considerations?
A) the viability of the segment B) brand objectives C) the level of competition within the segment D) the strategies used by competitors E) company resources
Which of the following accurately describes the nonprofit competitive environment?
A. Because they do not operate for a profit, nonprofit organizations do not need to engage in environmental scanning. B. The competitive environment for nonprofit funding has decreased dramatically in recent years. C. The competitive environment for nonprofit funding has increased dramatically in recent years. D. Nonprofit marketers are not impacted by external marketing factors. E. Nonprofits do not see a decline in donations during economic recessions.