MGT 402 SEU Entrepreneurship Small Business Case study

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MGT 402 SEU Entrepreneurship Small Business Case study

Business Finance, MGT 402

MGT 402 SEU Entrepreneurship Small Business Case study

Question Description

1. Experts say that entrepreneurs who need between $100,000 and $3 million often face the greatest obstacles when raising capital for their businesses. Why?

2. How should Kevin Semcken raise the $1.5 million in capital that Able Planet needs? Be sure to consider sources of both debt and equity financing.

3. Write a short memo to Kevin Semcken explaining what he should do before he approaches potential lenders and investors to maximize his chances of getting the capital that Able Planet needs.

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