
Start-up Costs and Funding Sources
Calculate the initial costs required to launch a venture and explore various financing options. Students will compare bootstrapping, bank loans, and venture capital.
About This Topic
Calculate the initial costs required to launch a venture and explore various financing options. Students will compare bootstrapping, bank loans, and venture capital.
Key Questions
- What are the typical start-up costs for a new business?
- How do entrepreneurs secure funding in Canada?
- What are the pros and cons of equity versus debt financing?
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Financial Projections and Cash Flow
Develop projected income statements and cash flow forecasts to ensure business viability. Students will learn the importance of liquidity in the early stages of a venture.
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Resource Allocation and Operations
Plan the physical, human, and technological resources needed to operate the business. Students will design an operational workflow for their venture.
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