You are a business consultant who works with new business owners. A new client wants to start a...

Question

You are a business consultant who works with new business owners. A new client wants to start a bakery and seeks your advice.

Respond to the following in a minimum of 175 words:

Based on what you’ve learned from the readings, discuss the advantages and disadvantages of using venture capital as startup funding for a business.
Describe what approach you would recommend for the client by using the information you researched.
How does your approach differ from the recommendations of your classmates?
How might your recommendation change after reading your classmates recommendations?

Pallavi · Accepted Answer

Advantages
The main advantage of using venture capital as a start up funding for business is that it provides a great opportunity to the company to expand and grow its businesses without the need to apply for bank loans which involve huge finance costs and a lot of time consuming formalities (Efinance Management, n.d.). Also, in venture capital, there is no obligation to pay back the amount raised from investors hence this enables a firm to focus on its growth and expansion without worrying about cash flows.

You are a business consultant who works with new business owners. A new client wants to start a bakery and seeks your advice. Respond to the following in a minimum of 175 words: Based on what you’ve...

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