Sales and Cash Budget
BUS 435: Discussions
These are two separate discussion posts, both need to be completed. There is no word count requirement, however any references used should be in APA style.
Start-Up Capital
How do you obtain your start-up capital? Identify at least three sources of your start-up capital. There are four types of loans available from banks for new ventures. Which type of loans would you prefer to borrow from banks? Explain why you prefer to borrow that particular type of loan.
Sales and Cash Budget
Define sales budget and cash budget. Explain the importance of sales budget and cash budget to the owner-manager. How do you use sales budget and cash budget to control the operation of your venture? Give a detailed example of how the process of a sales budget and a cash budget would work for your venture.
Answer PreviewWhen starting a business, money is the one common thing that is needed and must be there. For these funds, it is notable that there are several sources of funds that can be used to support a startup. The first is savings. This is money that the person starting the company may have saved for some time before investing, and the funds that they had been saving may be…