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Essay

Financial Plan Write-Up

Essay specific features

 

Issue:

Business

 

Written by:

Jeffery W

 

Date added:

June 3, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1368

 

Was viewed:

3023 times

 

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Essay content:

Spending money to go out to eat will be minimized. H.O.M.E. believes, however, that because our products are contributors to continued good health that people will continue to purchase our products to keep up with a healthy lifestyle. We expect to raise $90,000 for start up capital between our 3 partners and to take out an SBA 7(a) loan of 30,000...
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The interest rate on this loan is prime (currently at 5.25%) plus 3.25% for loans under $100,000 with a note of 7 years or less. We are putting a lien on Matou’s current hairstyle business in order to secure our $30,000 loan. This will provide the necessary start-up capital, as well as, give us plenty of working capital to keep our business growing to meet our goal of opening another location in 3-4 years...
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