Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 18, Problem 4PPT
Summary Introduction
To discuss: Whether the following business is eligible to apply for Small Business Administration (SBA) financing.
Introduction: SBA is a U.S. government agency which provides financial support to small business and entrepreneur. It also provides substantial information related to startups and growth of business.
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Chapter 18 Solutions
Understanding Business
Ch. 18.1 - Prob. 18.1AQCh. 18.2 - Prob. 1TPCh. 18.2 - Prob. 2TPCh. 18.2 - Prob. 3TPCh. 18.2 - Prob. 4TPCh. 18.3 - Prob. 18.3AQCh. 18.3 - Prob. 1MEDCh. 18.3 - Prob. 5TPCh. 18.3 - Prob. 6TPCh. 18.3 - Prob. 7TP
Ch. 18.3 - Prob. 8TPCh. 18.4 - Prob. 18.4AQCh. 18.4 - Prob. 18.4BQCh. 18.4 - Prob. 18.4CQCh. 18.4 - Prob. 9TPCh. 18.4 - Prob. 10TPCh. 18.4 - Prob. 11TPCh. 18.4 - Prob. 12TPCh. 18.5 - Prob. 18.5AQCh. 18.5 - Prob. 18.5BQCh. 18.5 - Prob. 13TPCh. 18.5 - Prob. 14TPCh. 18.5 - Prob. 15TPCh. 18.5 - Prob. 16TPCh. 18 - Prob. 1CECh. 18 - Prob. 2CECh. 18 - Prob. 3CECh. 18 - Prob. 4CECh. 18 - Prob. 1CTCh. 18 - Prob. 2CTCh. 18 - Prob. 3CTCh. 18 - Prob. 2DCSCh. 18 - Prob. 3DCSCh. 18 - Prob. 4DCSCh. 18 - Prob. 5DCSCh. 18 - Prob. 1PPTCh. 18 - Prob. 2PPTCh. 18 - Prob. 3PPTCh. 18 - Prob. 4PPTCh. 18 - Prob. 1VCCh. 18 - Prob. 2VCCh. 18 - Prob. 3VC
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- Discuss any five funding strategies that entrepreneurs can utilise as financial assistance during the development phase of an enterprise or business and briefly explain the importance of these strategiesarrow_forwardAs a young Graduate from the University of Professional Studies, a Small and Medium Enterprise Owner approached you and wanted you to help him/her develop a comprehensive Business Plan to enable the Business go for a loan facility with the Access Bank. What are the salient Elements that constitute a well-developed Business plan that can help the Small and Medium Enterprise to acquire the loan facility?arrow_forwardIn what circumstances might a large corporation sell stock rather than bonds to obtain long-term financing? In what circumstances would it sell bonds rather than stock?arrow_forward
- Consider a business idea that you could imagine starting up in your local area. Explain what source or sources of funding might be available to you, approximately how much money you think you would need, and why you would choose that particular source or sources. How would you convince the potential funder or funders that they should invest in your idea?arrow_forwardTo increase rates of entrepreneurship, the Small Business Administration (SBA) has created its own bank to provide interest-free loans directly to entrepreneurs. ( a) True (b) Falsearrow_forwardExplain small-business investment companies (SBICs).arrow_forward
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