Title: Explain the process of projecting initial funding requirements.
Course: Entrepreneurship Infusion Unit > Section: Planning an Entrepreneurial Venture

Explanation should include projecting

- start-up costs and cash shortfall until break-even
- short-term liabilities
- long-term liabilities.

Process/Skill Questions:

- What is the most common source for financing a new business? Why?
- How do start-up costs differ from personal costs?
- What are examples of one-time start-up costs? Recurring monthly expenses?
- What are typical sources of start-up capital?
- Is venture capital a good source of start-up capital? Why, or why not?
- What are different types of start-up financing? How does an entrepreneur determine the amount of personal investment and the amount to acquire from outside sources?
- What financial statements can help an entrepreneur get a loan?