How Entrepreneurs Receive Financial Backing Research Paper by Research Group
How Entrepreneurs Receive Financial Backing
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This paper discusses entrepreneurship and how start-up businesses find financing. It examines the business plan for a capital-generating product and discerns what sources of capital are available for the entrepreneur once he has a business plan for an entrepreneurial venture. It analyzes to what extent an entrepreneur must be willing to redo business concepts inherent in a plan, in order to obtain the needed financing. Each section of the paper is separated by profiles of two leading entrepreneurs -- Bill Gates, founder of Microsoft and Michael Dell, founder of Dell Computers.
From the Paper:"Planning is a continuous process in business management. Every business is involved in the tasks of making decisions and recording the results of business activities. Without a plan there is no meaningful way to evaluate results, thus future actions are not based on a revised plan but rather revised guessing. Operating without a plan breaks the continuous process shown above and as a result you manage by reacting to events rather than by anticipating and planning for how to maximize events."
Cite this Research Paper:
How Entrepreneurs Receive Financial Backing (2003, April 27) Retrieved March 29, 2023, from https://www.academon.com/research-paper/how-entrepreneurs-receive-financial-backing-26150/
"How Entrepreneurs Receive Financial Backing" 27 April 2003. Web. 29 March. 2023. <https://www.academon.com/research-paper/how-entrepreneurs-receive-financial-backing-26150/>