2.2 You are a financial advisor and your specific focu…
2.2 You are a financial advisor and your specific focus is assisting small start-ups with financing. A new business owner approached you and needs assistance with the following; They want to better understand the following three financing options, using examples provide the business owner with explanations. Bank financing, Government grants, Angel investors (9) 2.3 Using examples explain the following terms: Fixed costs vs variable costs (4) 2.4 Jolene is a hairdresser and is opening her own salon. Discuss some of the things that Jolene may need to spend money on to get her business started and to continue running for the first few months. Distinguish between once-off and ongoing costs. (8)
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