FM 116 Lecture Notes - Lecture 4: Small Business Administration
18 Oct 2016
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Finding money: loans, alternative lenders, angel investors. Venture capitalist firms invest in stat-up businesses with high growth potential in exchange for a share of ownership (formal group of angel investors) Sba: small business administration is an agency of the fed designed to maintain and strengthen the nation"s economy by aiding, counseling, assisting and protecting the interests of small businesses. The sba does this by: counseling, assisting, protecting the interests of small businesses, small business development centers (sbdcs), are local offices that provide comprehensive management assistance to current and prospective small business owners. The core questions a business plan must answer include:
