Finding Capital for Small Business

“How can a small company find capital to finance an innovative new product?”

Textbook: (Scarborough, N.M. & Cornwall, J. (2012). Effective small business management: An Entrepreneurial approach (10th ed.). Upper Saddle River, NJ: Prentice Hall.

Based on your understanding of the case and concepts, answer the following question in 200-350 words each.

Assignment Questions:

1. Experts say that entrepreneurs who need between $100,000 and $3 million often face the greatest obstacles when raising capital for their businesses. Why?

2. How should Kevin Semcken raise the $1.5 million in capital that Able Planet needs? Be sure to consider sources of both debt and equity financing. (1.5 marks)

3. Write a short memo to Kevin Semcken explaining what he should do before he approaches potential lenders and investors to maximize his chances of getting the capital
that Able Planet needs.

 

Sample Solution

 

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On the off chance that she expected for us to be solid, I nearly dare to attest that the condition of reflection is a condition in opposition to nature, and that the man who contemplates is a corrupted creature” (Rousseau, Second Discourse 113). Examine.

 

 

In his Discourse on Inequality Jean-Jacques Rousseau presents the ebb and flow condition of the edified man as debased, debilitated and unnatural. The works of Rousseau mirror a man attempting to comprehend his own temperament and how to be acceptable. Through these compositions he communicates his disappointment and dissatisfaction in what current society and he himself have become.

He works through his own insidiousness, which torment all men, trying to bring himself and the entire of society out of debasement, despising the need inside people for appreciation and approval from others. Completely discontent with his ebb and flow state Rousseau endeavors to discover a solution for his wiped out society. I will contend that what Rousseau really aches for is to come back to the guiltlessness of adolescence, the most joyful state he can envision, yet knows this is unimaginable. Perceiving this he accommodates himself by sketching out a future involving portions of the two his over a significant time span self and a general public working with both love de sois-image and love propre.

Rousseau plots what he accepts to have been people characteristic state as an ancient presence persuaded distinctly by the most fundamental of requirements. Rousseau composes that what recognizes the human from every other creature is his ability for perfectibility and says,

It would be miserable for us to be compelled to agree that this unmistakable staff, which is practically unlimited, is the wellspring of the considerable number of mishaps of man, that it is the thing that pulls him by the intensity of break of this unique condition in which he would course through tranquil and blameless days, that with the section of hundreds of years it is the thing that incubates his edification and his mistakes, his indecencies and his ethics, and makes him finally a dictator over himself and nature. (Rousseau 187).

 

 

While trying to consummate himself man left the condition of nature unwittingly adulterating himself. Rousseau doesn’t estimate that those in the condition of nature were acceptable or moral people. They were people without an implicit agreement hence had no origination of ethics or of good and malevolence. Those in the condition of nature despite everything kept their best interests in mind however couldn’t do so vindictively. Rousseau depicts these individuals as normally guiltless similarly he comprehended youngsters to be. A newborn child, having no feeling of right or wrong can’t carry on of resentment.

Rousseau keeps up lowliness in his contentions, never guaranteeing conviction for his hypotheses. “Let my perusers not envision hence that I set out to compliment myself with having seen something which appears to me so hard to see [… ]it is by and by important to have some exact ideas so as to survey well our current condition” (102).He makes it understood this is an individual contention, what he by and by judges to be valid and hold esteem. He makes no case of supreme information regarding the matter yet certifies that so as to recapture any joy his contention merits investigating. He experiences issues understanding his own self and knows his perusers will experience

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