Identify the initial capital you need to start your business. Explore various options available for you to secure capital or funding.


1. identify the initial capital you need to start your business. Explore various options available for you to secure capital or funding. Link below will help you to identify and decide for your funding.

https://www.freshbooks.com/hub/startup/how-do-i-get-money-to-start-my-busin ess#1.savings

Instruction: 1 . Search and compare prices , marketing costs for different channels that are suitable for the

small business. 2. List the cost of implementing your identified marketing strategy.

Reflect on the activity by following the instruction below using a piece of paper or the notes application on your phone or computer. Tabulate your financial plan, including the breakdown of costs needed to prepare, produce, market, package, and deliver their product or service. Determine the appropriate price of your product or service and identify when you are expected to receive your return on investment

 


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