Evaluate funding options available for a homemade soap business and describe FOUR factors that influence the source of funding option selected. (Funding options available: commercial banks, small business lending agencies, development finance lending institutions, private equity, venture capital funders, asset finance houses, crowd funding, friends and families, grant local, regional or international, other angels investors.
Factors for consideration in selecting funding:
a. Short tern/long term funding
b.Investment in long/short term assets
c.Debt or equity
d.Cost and commitment
e. Strategic implications
f. Level of risk