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- QUESTION
Assignment Content
Develop a submission plan, in no more than 350 words, and include the following:
Determine what type of investment you will need for your business.
Identify where you will find funding.
Determine what capital compliance documentation you will need.
Explain whether your business plan will be enough to sell your business idea to your intended investor.
Submit your assignment.Note: There is no grading guide for this assignment.
| Subject | Business | Pages | 2 | Style | APA |
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Answer
Submission Plan
Investment Type
The most suitable type of investment for Diva in Defense is cash investment. Cash investment includes everyday bank accounts, term deposits, and high interest savings accounts. This type of investment is most appropriate for Diva in Defense since it carries the highest possible returns compared to all other investment types (Goodfriend & Agnew, 2008). Whereas they provide no opportunity of capital growth, they have the ability of delivering regular income besides the fact that they can play a crucial role in safeguarding wealth as well as minimizing risk in a company’s investment portfolio (Goodfriend & Agnew, 2008). Additionally, the cash investment is easily convertible back into cash.
Sources of Funds
Realizing Diva in Defense’s goal will require a huge sum of money. The funding options available for Diva in Defense are bank loans, personal investment, borrowing or receiving financial support from friends and family members and financial institutions, angel investors, acquiring credit facilities, embracing debt capital, using personal savings, seeking peer-to-peer lenders’ services, and seeking government grants.
Capital Compliance Documentation
Proper documentation assists in ensuring that understandings of all funding parties are taken care of (Goodfriend & Agnew, 2008). There are several documents that Diva in Defense will need, both financial and legal, during the funding process. Among capital compliance documentation include business pitch deck, a balance sheet, capitalization table, convertible promisory note, corporate director agreement, corporate minutes, discounted cash flow forecast, share subscription agreement, term sheet, income statement, and cash flow statement. All these documents will assist Diva in Defense will assist protect its interests along with the interests of other investors and co-founders.
The Business Plan
The business plan will be enough to sell Diva in Defense’s business idea to intended investors since it fits the company’s business needs, it is realistic, hence implementable, it is specific and can allow for tracking of results against the company’s plan. Similarly, I think it is enough because it clearly defines Diva in Defense’s business goals, strategies towards realizing the goals, and the responsibilities of all Diva in Defense’s staff towards realizing the desired goals and objectives.
References
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Goodfriend, W., & Agnew, C. R. (2008). Sunken Costs and Desired Plans: Examining Different Types of Investments in Close Relationships. Personality and Social Psychology Bulletin, 34(12), 1639–1652.
Appendix
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