problem solving

problem solving

Discussion 1.Sources of Debt Financing

Briefly describe a small business you could envision yourself owning and discuss the most appropriate source of debt capital for that business. Explain your rationale.
From the e-Activity, discuss how you could best use an SBA loan to get your business running or expanding. Provide specific examples to support your response.
Discussion 2.Location, Layout, and Physical Facilities

Using the same small business you described in the first discussion, determine the best possible location for your business within driving distance of where you now live. Explain your rationale.
Discuss the layout and design configuration of a building you would like to use to house your business, including how you would comply with the Americans with Disabilities Act.

Solution Preview

Discussion 1.Sources of Debt Financing

            The business I could see myself owning is a comic book shop and gaming place. Given my economic status and that of my loved ones, I would have no real option except to look for outside wellsprings of debt capital. Stockholders, Venture Capitalists, or more probably a Small Business Loan would get me the subsidizing to get the business off the ground. Receiving the SBL would be the most evident route for me to acquire the resources, as it would cover a large portion of my start-up expenses and make me obliged to just a single bank to pay off. Investors and venture capitalists would be awesome on the off chance that I can get them; however for a little operation they might be more risky to get (Kotey, 1999).

(638 words)