UNDERSTANDING BUSINESS (LL/ACCESS)
13th Edition
ISBN: 9781264671656
Author: Nickels
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 18, Problem 4PPT
Summary Introduction
To discuss: Whether the following business is eligible to apply for Small Business Administration (SBA) financing.
Introduction: SBA is a U.S. government agency which provides financial support to small business and entrepreneur. It also provides substantial information related to startups and growth of business.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
If an individual needs funds to finance a small business and does not want to finance the business using loans, what other sources of funding might be available? Briefly describe each potential source of funding and indicate what kind of business enterprise would be the ideal candidate for each source of funding.
What is debt financing? Identify ONE advantage and ONE disadvantage of debt financing?
Discuss any five funding strategies that entrepreneurs can utilise as financial assistance during the development phase of an enterprise or business and briefly explain the importance of these strategies
Chapter 18 Solutions
UNDERSTANDING BUSINESS (LL/ACCESS)
Ch. 18.1 - Prob. 18.1AQCh. 18.2 - Prob. 1TPCh. 18.2 - Prob. 2TPCh. 18.2 - Prob. 3TPCh. 18.2 - Prob. 4TPCh. 18.3 - Prob. 18.3AQCh. 18.3 - Prob. 1MEDCh. 18.3 - Prob. 5TPCh. 18.3 - Prob. 6TPCh. 18.3 - Prob. 7TP
Ch. 18.3 - Prob. 8TPCh. 18.4 - Prob. 18.4AQCh. 18.4 - Prob. 18.4BQCh. 18.4 - Prob. 18.4CQCh. 18.4 - Prob. 9TPCh. 18.4 - Prob. 10TPCh. 18.4 - Prob. 11TPCh. 18.4 - Prob. 12TPCh. 18.5 - Prob. 18.5AQCh. 18.5 - Prob. 18.5BQCh. 18.5 - Prob. 13TPCh. 18.5 - Prob. 14TPCh. 18.5 - Prob. 15TPCh. 18.5 - Prob. 16TPCh. 18 - Prob. 1CECh. 18 - Prob. 2CECh. 18 - Prob. 3CECh. 18 - Prob. 4CECh. 18 - Prob. 1CTCh. 18 - Prob. 2CTCh. 18 - Prob. 3CTCh. 18 - Prob. 2DCSCh. 18 - Prob. 3DCSCh. 18 - Prob. 4DCSCh. 18 - Prob. 5DCSCh. 18 - Prob. 1PPTCh. 18 - Prob. 2PPTCh. 18 - Prob. 3PPTCh. 18 - Prob. 4PPTCh. 18 - Prob. 1VCCh. 18 - Prob. 2VCCh. 18 - Prob. 3VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- As a young Graduate from the University of Professional Studies, a Small and Medium Enterprise Owner approached you and wanted you to help him/her develop a comprehensive Business Plan to enable the Business go for a loan facility with the Access Bank. What are the salient Elements that constitute a well-developed Business plan that can help the Small and Medium Enterprise to acquire the loan facility?arrow_forwardTo increase rates of entrepreneurship, the Small Business Administration (SBA) has created its own bank to provide interest-free loans directly to entrepreneurs. ( a) True (b) Falsearrow_forwardExplain the concept of venture capital funding with relevant examplesarrow_forward
- information about FUNDING SOURCES for business?arrow_forwardWhat is the reason that startup companies are generally not eligible to receive cash through a factoring program?arrow_forwarddiscuss the sources of equity financing for: 1-Venture capital firm 2-Small business investment companies 3-Public offering 4-Mergers and acquisitions 5-Angels 6-Family and friendsarrow_forward
- 2. Discuss the various sources of debt capital available to entrepreneurs.arrow_forwardNonearrow_forwardDiscuss the following Is it wrong to borrow or charge interest for business? How does the Bible relate to the subject of charging the various types of interest? Exodus 22:25, Exodus 22:25, Deuteronomy 23:19-20.arrow_forward
- Identify a firm’s short- and longterm financial needs.arrow_forwardIdentify four or five potential critical success factors for a large savings and loan institution.arrow_forwardComprehensively discuss sources of finance available for each of the following types of business Setup. Also discuss suitability, advantage and disadvantages of each source 1.Sole Trader 2. Partnership 3.Private limited companies 4. Public Limited Companiesarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning