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Funding a Business Adventure

In: Business and Management

Submitted By scott79
Words 601
Pages 3
FUNDING A BUSINESS ADVENTURE
BY: SCOTT BROWN

ABSTRACT:
The financial decision in this person’s opinion is the best one that would work for your invention and without all the risks there is a lot to profit from it.

The meaning, function, and importance of the four terms provided are as follows. First there is the investment banker, the investment banker is the one that will put the money to fund your project and is very important since you are trying to get your idea up and running with no money and they are the ones that will fund everything from the manufacturing to the advertising. There function is to back your idea and get it made and out to the public. The next is the stock market, this is where if your invention gets made and is successful it would make it to here for others to be able to buy stocks in your product and to be able to profit from all the hard work and great idea you had to make a product better. The importance of this is without the stock market not many people could support your invention and reap the rewards of it. The third one is financial management, this is where you need to see your profits and not spend more than you’re actually making. The function of it is to know how much it takes to make and advertise and how much everyone makes off your idea. The importance of this is that without it you could end up going into debt because you’re not managing your finances properly and could end up going bankrupt if you’re not careful. Last there is the financial risk, the meaning of this is what the risk of your product is and could it be profitable for everyone involved. The function of this is to protect everyone involved and for them to know what they can lose if your invention is not a good product. The importance of the financial risk is it’s good to know what everyone stands to lose if it’s not as good of a product as they

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