ADM 1300 Study Guide - Angel Investor, Franchising, Venture Capital
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In partial fulfillment of the requirements of adm 1300. From: david cheng, henry brown, kyle binns, denis savvin, laura sjolin, natalie. Problem: games universe is lacking the necessary capital to relocate and expand their business. Alternatives: status quo, personal assets, angel investors, venture capitalists, relatives/friends, franchising, free money, bank. Facts considered: they were looking for more involvement and influence over their income. In 2007, the store experienced a slowdown, and their customer service was no longer enough of a draw to take customers away from lower-priced competitors. The dunn family should seek out angel investors to provide the necessary capital to fund the expansion of the games universe. In addition to the financial support of angel investors, kim and don should search for extra assistance through sponsorship programs or various business plan contests that award cash prizes. Td bank is also willing to provide more funding in the form of a loan.