Entrepreneurship

1. I am sure you have been updating your own Business Plan as requested in week two. All of the information you need to create an Executive Summary is now completed. An executive summary is a document that you could present to a potential investor. It should summarise the business opportunity, the details of the product/service, the market opportunity, the strategy for pricing distribution, the financial and other resource requirements of the business, and initial sales numbers.

2. Finance has been linked to the life-blood of any business; it flows through the various operating areas of an enterprise and provides them with the sustenance to keep going. It is also the most common way of measuring the health of an enterprise. Financial measurements such as cash flow and profits tell us whether the enterprise is actually increasing in value. Please provide answers to the following questions:

a. What sources of finance are available to your enterprise from debt and equity sources?
b. What financial management controls are required to maximise the cash flow and profits of your enterprise?

The two parts have to be equally represented in your word count with given flexibility of 10%. Your work has to be presented in a report style and include references.
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