MGT 204 Asian Entrepreneurship and Innovation
Question
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Peter has always been interested in sports all his life. His passion and knowledge in all kinds of sports is unbeatable. He can instinctively pick the perfect shoes for professionals or first-time sports enthusiast. He has been a sportswear retail manager for ten years; and he understands this industry very well. He plans to embark on his dream project by setting up his first sports retailing outlet at a high-end shopping mall. He knows the right mix of merchandise needed: sports equipment, t-shirts, swimsuits, dumbbells and even energy bars. He is really excited to start his new venture. However, there a several issues that he needs to overcome; and funding is definitely one of them.
Based on the case above, answer the following questions:
State and explain any three appropriate funding options for this new venture. Describe how Peter should go about raising funds
If you were approached to provide funding for this business venture, state and explain ten factors (information) you would want to know about Peter and/or his business concept
aPeter has always been interested in sports all his life. His passion and knowledge in all kinds of sports is unbeatable. He can instinctively pick the perfect shoes for professionals or first-time sports enthusiast. He has been a sportswear retail manager for ten years; and he understands this industry very well. He plans to embark on his dream project by setting up his first sports retailing outlet at a high-end shopping mall. He knows the right mix of merchandise needed: sports equipment, t-shirts, swimsuits, dumbbells and even energy bars. He is really excited to start his new venture. However, there a several issues that he needs to overcome; and funding is definitely one of them. Based on the case above, answer the following questions: State and explain any three appropriate funding options for this new venture. Describe how Peter should go about raising funds; If you were approached to provide funding for this business venture, state and explain ten factors (information) you would want to know about Peter and/or his business concept