Explore BrainMass
Share

Explore BrainMass

    Create an idea for a startup venture and discuss the most v

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Create an idea for a startup venture and discuss the most viable way to raise the working capital to get the startup running. Explain your rationale.

    © BrainMass Inc. brainmass.com October 10, 2019, 4:30 am ad1c9bdddf
    https://brainmass.com/economics/balance-of-payments/ideas-startup-venture-464130

    Solution Preview

    With the current state of the economy, banks are not approving start-up loans for businesses as freely as they were a few years ago, and this is particularly true for a business that you don't have previous experience in running. Banks see it as too much of a financial risk and feel much safer in denying the funding than in approving the loan and taking the chance that the debtor will not be able to make the payments. Taking economic ...

    Solution Summary

    In this solution, we provide a sample idea for a startup venture including an explanation of why it would work.

    $2.19