Continue with Stage 2 of the project, which includes preparing the second section of a business plan for your startup, developing a financial plan and the amount needed for the startup, with terms of use outlined (how you intend to use any external funding, be it an angel investor, venture capital, traditional bank or SBA loan, private equity, or other), and begin Stage 3: Acquiring Financial Partners and/or Sources of Funding.

Prepare a paper identifying ways to finance the new start-up venture you chose. Compare and contrast the benefits and challenges of these methods and describe the basic premise of what your financial model would look like. Include information on the types of financial data or estimates that should be included in a plan.

Write an APA 6th formatted paper of 500-600 words, typewritten in double-spaced format (Arial 12-point font or Times New Roman styles), page margins Top, Bottom, Left Side and Right Side = 1 inch, with reasonable accommodation being made for special situations and online submission variances.