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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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?

Answered Same DayApr 05, 2021

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

Pallavi answered on Apr 05 2021
144 Votes
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....
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