Activities

In this lesson you have been introduced to wide variety of possible scenarios for raising money to start and grow a business. You have a lot of choices, and if you are persistent, you can find a way to get the seed capital you need. Most entrepreneurs use a combination of all three funding methods: asset financing, debt financing, and equity financing.

Just please don’t forget that person who lent you that first $100 or gave you that first part-time job on the day you go public with a 500-million-dollar IPO!

In the next lesson, you will learn more about how preparing a company to go public. But before you go there, we have two important activities to help you get ready.

Activity 7:  Inventory of Business Assets 

For young entrepreneurs, asset financing is the most risk-free way to generate start-up money. In fact, if you look around, you might already have assets right in front of you that could help finance your business.

Click the link below to download a worksheet that will guide you through the process of taking an inventory of your potential business assets. If you are taking this course for a grade or for credit, you will turn in this assignment to your advisor or teacher.

Download Activity 7: Inventory of Business Assets Form (PDF)

Activity 8:  Pros & Cons of Going Public 

Taking a company public is a very important decision for a business owner. There are a number of advantages, the most important of which is the exciting potential for raising capital to continue expanding the company. But there are some very serious legal obligations and responsibilities that should also be considered.

Follow this link http://www.summitbrokers.com/public.shtml* to read an article that explains some of the advantages and disadvantages of going public. Then download and fill in the table below with at least five reasons for going public and five reasons for not going public. If you are taking this course for a grade or for credit, you will turn in this assignment to your advisor or teacher.

Download Activity 8: The Pros & Cons of Going Public Form (PDF)

These are fill-in PDF forms. You may either print the form and hand write the answers, or type your answers into the form and print. (Unless you have Adobe Acrobat on your machine, you will not be able to save your responses.)

Congratulations! You have completed Lesson 4.

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