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Capital Raising Strategy for Business
Capital Raising Strategy for Business
New Venture Raising Capital
Introduction
In order to fulfil the vision for the business and entrepreneurial streak it is necessary to comprehend specific capital resources. Getting the funding is both art and science and demand necessary planning prior in developing the business. By the virtue of this assignment, I am explaining the processes involved in funding taking my start-up as the reference. Furthermore, in this report, you would be able to comprehend various stages as the company develop and bring value offerings to customers. In-depth financial projections can enable us to guide how different stage of funding would be required (Cohan, P., 2013).
Business Idea for the Start-up - Own the Runway
The market in Australia for Fashion is developing at a quick speed. With this background, we put stock in likely plan to set up a web-based design store for the present style excited school participants and metropolitan adolescents in private grounds. Our new start-up thought is to resolve the issues looked by understudies concentrating on in universities, who need to go to huge number of occasions and needs awesome of the most recent pattern and style. In any case, in the distant where a large portion of the schools are laid out, accessibility and openness of required style clothes is a significant aggravation region for understudies. We would offer a wide assortment of western and ethnic premium outfits to make them parade their character in social fests, business occasions and gatherings (Cohan, P., 2013). The critical feature of our item is presented at a reasonable cost through lease and its simple accessibility. Our administration is totally sold through web-based store giving accommodation and similarity to understudies and attempts to mix in with their ways of life. We will set up a distribution centre where we will keep and keep up with the stock. This will be situated in Sydney utilizing a market overview among different college understudies.
Target Market - We are focusing on those understudies who are open through web, design cognizant, not able to burn through truckload of cash on garments, blissful in...