United Health Care is my company (UHG) Your company wants to acquire more funding and will need a...

Question

United Health  Care is my company (UHG) Your company wants to acquire more funding and will need a business case to do so. This business case will be featured in your financial plan that you will create next week. To get yourself prepared for developing the financial plan, create an outline of your business case in which you do the following:Determine why funding is needed for the company.Determine the sources of funding. Consider self-funding, borrowing, equity, venture capital, etc.Evaluate the requirements of each funding source you determined appropriate.Analyze the associated risks of each funding source.Decide which sources are the best fit for your company based on the requirements of each. Justify your decision.Estimate the cost of capital for both short-term and long-term funding sources. Research current estimated APRs for your selected sources of funding. Consider creating a table or chart to display this information.

Prince · Accepted Answer

Need for Funding: 
A financial plan is a written description of a person's current financial condition, long-term financial objectives, and plans for achieving those objectives. Any profitable business must have a financial plan. To start the firm, funding is required. Funding for marketing and advertising would be required. Additionally, you would require cash for your business's elements like the product you are selling or the services you intend to give.
Sources of Funding: 
The greatest method to start any business is with self-funding. You will be able to keep all of the profits for yourself if your company is self-funded and you don't use any loans or investors. Another source of cash is from loans or family members, but you would have to pay them back. If you borrow money to launch a firm, you'll incur debt and might not start making money right away.
Another approach to get money is through venture capital, but you'd need to share the earnings with an investor. Investors finance start-up firms and small businesses with venture capital, a sort of private equity that is thought to have long-term potential growth. Typically, wealthy individuals, investment banks, or other financial organisations provide venture money. However, it is not always in the shape of money; it can also come in the form of managerial or technological know-how.

United Health Care is my company (UHG) Your company wants to acquire more funding and will need a business case to do so. This business case will be featured in your financial plan that you will...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment