Busn Assignment

In: Business and Management

Submitted By durt
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Creating, Financing, and Marketing a Business

Joshua Hall

Strayer University

BUS 100

Grady L. Meeks Jr.

05/2/13

Creating, Financing, and Marketing a Business

Starting a business with a partner offers many benefits, not the least of which is having someone to share the many responsibilities of running a business. The cost is split in half, which also means any earnings will be split as well. A good thing about it is You will have limited liability with the business. There are a few different types of partnerships. a General partnership,limited partnership,and limited liability partnership partnership businesses hold good Benefits,partnerships can quickly go bad if you don't give it ample forethought and planning. partnerships can also be very risky, The business-related acts of one partner can legally bind all other partners. In short I would suggest Avoiding general partnerships and consider forming an LLC or a corporation for start-up businesses. I feel in my opinion it's better,you would have a greater financial success, and you would have more independence.

There are many funding options for small business, in my research I have found that there are plenty. Debt financial is one way businesses capitalize on funding. they Don’t have to give up equity and its Available to companies that can’t get equity funding. Which is another funding option for those who qualify for it. Another option is grants, that is free money from the government. I also researched an option called equity financing. While “Debt funding” is most common, there are still tens of thousands of companies financed each year by private or "institutional" investors in exchange for an equity ownership stake. Businesses also have the option to borrow from friends and family to cut out all…...

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