Case Study: Raising Capital, The Most Important To The Success Of A Business

1. There are many types of businesses that make their products from nature. To begin with, Extractors are the businesses that take resources from nature to make their products. For example, farmers would grow items and sell them to extractors, so they could make their products they need to sell, Another example, is oil. We need oil for gas, so businesses take oil from nature to produce gas. In conclusion, the types of business can produce many things.

2. Raising capital is critical to the success of a business. First, you could get a loan from a bank to start off your business. This helps you create your business the way you want it to be. Second, it could help you get more opportunities with other businesses. Finally, it covers your daily

If I had the option to pick what type of business I wanted, I would chose Producers. First of, producers create products used by individuals. Second, you would have the businesses, Extractors and Manufactures. They both get their resources from other things. Finally, I feel that picking producers as my business would get me more money. In conclusion, I found my way, by following my first choice, I found the right outcome of it.

5. I believe that Raising Capital is the most important out of the other activities. First, to start a business you would need money. Second, getting a loan from the bank or getting a grant would help you start of with your business. Finally, with a business you would need a plan on what you would need to spend the money on. So, negotiating with the bank or local centers could help create a plan/idea. In conclusion, this would make a better understanding on how you will pay the loaner back and how you are going to make a ton of money.

6. I would want to know everything about my business. First, I would like to know how much profit we are making a month. Second, I would like to know if everyone is doing their job correctly and not slacking off. Finally, I would like to know how many customers we have and if the product is selling well. In conclusion, as a business owner, everything about your business

First, you wouldn’t have to produce a product, you are selling someone’s product. Second, a Franchise is a written contract granting permission to a businessperson to sell someone’s product or service. Finally, with a single business, you would have to create your own product to sell, which takes up time. In conclusion, by owning a franchise, could get you a lot of money, in less time.

4. I think that out of the 5 Management Activities, Planning would be the most challenging for me. First, for me it would be very hard to set everything up. I would need a ton of help to plan everything out. Second, without a plan, my business would be nothing. Finally, trying to come up with every little thing would be very difficult. I would have to hire certain people to do job for me, while I try to figure everything else out. In conclusion, my biggest weakness is planning and getting everything started.

5. Planning and Controlling are very related. First, planning and controlling consist of making sure everything is going the way you want it to be. Secondly, it shows that you need a plan on who to hire and what to make. Finally, by controlling who you to as employees, which would relate to your plan. In conclusion, the relation between a control and a plan, takes place as very important part of a business.

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