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Research Paper On Start Up Funding

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Start-up Funding
The initial funding for Jani king Atlanta will come from a large number of sources. One of these will personal savings that Crystal and I has saved over time. This will cover start-up cost for the cleaning business and hiring the first set of employees. We can get more funding if investors see what our companies vision. The people that will believe in our vision will in the beginning will be friends and family.
Our best bet is to get our own money together and start our business. This is a good idea due to the fact, which many banks are not lending as they used too. This is due to many other factors, the state of the United States economy. Therefore, many companies have to manage with less funds to get their businesses …show more content…

As the business improves we, would later on attempt to obtain a business loan from a bank. However at this point our focus would be getting or own money and help from family. We could look into some grants that the city of Atlanta has for new businesses. This is something that will searched on by someone in the management team.
These types of grants sometimes are not bad ideas because; the city helps the businesses with critical needs. There is proof that city grants are one good area to obtain these much-needed funds. Rader (2017) said we were able to gain some funds from the state economic development fund. Therefore, this would be a good idea for us to reach out to these people to see if they can help us. In addition, Georgia is a very business friendly state to live in so there are many helpful resources.
Use of Funds
Once the funds are obtained these resources will be used for a number of things. When it comes to supplies we need are as follows a vacuum cleaner, paper towels, and a dry mop. This area of the funding will be used for daily supplies and this cost can rise up. So it would get be a wonderful idea, if we get these supplies from Sam’s club or another place. This could be a good cost cutting measure, because we can get these supplies at a discounted rate.
Another use of these funds in start-up fees and franchise fees from the parent company. We also will be using these

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