Week 8 – Imagine that you are starting your own manufacturing

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Week 8

Imagine that you are starting your own manufacturing company. You will be in need of $250,000 in startup funds to finance equipment and other needs to begin operations. Using the Strayer University Online Library and other Internet sources, please address the following:

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  • What are your different options to attain the needed $250,000? Include at least two different options and include at least one advantage and one disadvantage of each.
  • Which option would you personally choose for your company and what kinds of long-term costs would you expect to plan for associated with the option you chose?