BU121 Final: Bu121 final exam notes
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Negotiating with emotion lab manual 30. This stage is where the prototype should be developed. It can act as a useful tool to present the venture"s idea, and may help clarify your product/service. The major sources of obtaining this financing are the entrepreneur"s assets, family, and friends: start-up stage. This stage should mark the beginning of revenue flow. Start-up financing, the major sources of financing are the entrepreneur"s assets, family, friends, business angels, and venture capitalists: survival stage. The stage should involve revenue beginning to pay off expenses, but will still involve borrowing money. The major sources of financing are business operations, venture capitalists, suppliers (buying on account is considered to be financing), consumers, government assistance programs, and commercial banks: rapid-growth stage. This stage will have growth of the company, and an inflow of cash. Main sources of financing are the business operations, suppliers, consumers, commercial banks, and investment bankers: seasoned financing, early maturity stage.
