PASSMATE TUTORIALS
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS NOT
PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE
SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS ASSIGNMENT IS
INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT,
AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE
THIS WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS
PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING
THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE AUTHORS
HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF
THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY FURTHER GUIDELINE
ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE IN GENERAL,
CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI, MNMs,
MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
Table of Contents
QUESTION 1 (this contains excessively enough information, please trim it to reasonable size
roughly 2 to 4 pages) ..................................................................................................... 2
By using practical examples, critically discuss how you would finance your business.
Motivate why you choose specific ways of financing over others. (10)............................ 3
QUESTION 2 (this contains excessively enough information, please trim it to reasonable size
roughly 2 to 4 pages) ................................................................................................... 16
By using practical examples demonstrate how you would build customer relationship in your
business. (10) .......................................................................................................... 16
QUESTION 3 (this contains excessively enough information, please trim it to reasonable size
about 3 to 6 pages) ...................................................................................................... 28
Conceptualise how you would apply your skills to develop your product and manage the
supply chain of your business. Provide practical examples and motivation for the product
strategies you may choose to develop your product. (20) ............................................. 28
product development strategies (this contains excessively enough information, please trim it
to reasonable size roughly 1.5 to 3 pages) .................................................................. 28
Supply chain management (this contains excessively enough information, please trim it to
reasonable size roughly 1.5 to 3 pages) ...................................................................... 34
References ............................................................................................................... 36
IMPORTANT NOTES TO CONSIDER ................................................................................ 37
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
Please note, this document contains excessively enough information, please
trim it to reasonable size roughly 7 to 14 pages, you many no use everything
also avoid the use of “you” which is featured in this document, you second
person reference in place of you, such as “the business, the company,
management etc”
You are good to go!
QUESTION 1 (this contains excessively enough information,
please trim it to reasonable size roughly 2 to 4 pages)
By using practical examples, critically discuss how you would finance your
business. Motivate why you choose specific ways of financing over others. (10).
Financing is needed to start a business and ramp it up to profitability. There are several sources
to consider when looking for start-up financing. But first one needs to consider how much
money is needed and when will it be needed. The financial needs of a business will vary
according to the type and size of the business. For example, processing businesses are usually
capital intensive, requiring large amounts of capital. Retail businesses usually require less
capital. Most entrepreneurs use multiple methods to access capital for their small businesses,
including personal savings. External sources of financing fall into two main categories: equity
financing, which is funding given in exchange for partial ownership and future profits; and debt
financing, which is money that must be repaid, usually with interest. Grants are funds that do
not need to be repaid, and may be offered by government agencies, non-profit organizations,
or for-profit companies.
Funding availability can depend on how established or mature a business is. Financing a brand-
new start-up is more difficult since there is no business track record yet. Because of this risk,
it may be easier to attract equity financing than debt financing. Funds for a growing business
will be much more available because the business already exists and has some financial
statements to extrapolate from. For this reason, more mature businesses will find it easier to
access debt financing. However, equity financing may be harder for mature businesses to find
because the business, or industry, has plateau-ed with little forecast for growth. When creating
a financial plan, entrepreneurs may find it useful to compare their business or potential business
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
to industry standards for the same or a related industry or to a public company in the field
which has disclosed financial information.
Equity Financing
Equity financing means exchanging a portion of the ownership of the business for a financial
investment in the business. The ownership stake resulting from an equity investment allows
the investor to share in the company’s profits. Equity involves a permanent investment in a
company and is not repaid by the company at a later date.
The investment should be properly defined in a formally created business entity. An equity
stake in a company can be in the form of membership units, as in the case of a limited liability
company or in the form of common or preferred stock as in a corporation.
Companies may establish different classes of stock to control voting rights among shareholders.
Similarly, companies may use different types of preferred stock. For example, common
stockholders can vote while preferred stockholders generally cannot. But common
stockholders are last in line for the company’s assets in case of default or bankruptcy. Preferred
stockholders receive a predetermined dividend before common stockholders receive a
dividend.
Personal Savings
The first place to look for money for small business proprietors is own savings or equity.
Personal resources can include profit-sharing or early retirement funds, real estate equity loans,
or cash value insurance policies.
Life insurance policies: A standard feature of many life insurance policies is the owner’s ability
to borrow against the cash value of the policy. This does not include term insurance because it
has no cash value. The money can be used for business needs. It takes about two years for a
policy to accumulate sufficient cash value for borrowing. One may borrow most of the cash
value of the policy. The loan will reduce the face value of the policy, and, in the case of death,
the loan has to be repaid before the beneficiaries of the policy receive any payment.
Home equity loans: A home equity loan is a loan backed by the value of the equity in one’s
home. If the home is paid for, it can be used to generate funds from the entire value of home.
If the home has an existing mortgage, it can provide funds on the difference between the value
of the house and the unpaid mortgage amount. Some home equity loans are set up as a revolving
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS NOT
PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE
SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS ASSIGNMENT IS
INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT,
AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE
THIS WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS
PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING
THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE AUTHORS
HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF
THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY FURTHER GUIDELINE
ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE IN GENERAL,
CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI, MNMs,
MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
Table of Contents
QUESTION 1 (this contains excessively enough information, please trim it to reasonable size
roughly 2 to 4 pages) ..................................................................................................... 2
By using practical examples, critically discuss how you would finance your business.
Motivate why you choose specific ways of financing over others. (10)............................ 3
QUESTION 2 (this contains excessively enough information, please trim it to reasonable size
roughly 2 to 4 pages) ................................................................................................... 16
By using practical examples demonstrate how you would build customer relationship in your
business. (10) .......................................................................................................... 16
QUESTION 3 (this contains excessively enough information, please trim it to reasonable size
about 3 to 6 pages) ...................................................................................................... 28
Conceptualise how you would apply your skills to develop your product and manage the
supply chain of your business. Provide practical examples and motivation for the product
strategies you may choose to develop your product. (20) ............................................. 28
product development strategies (this contains excessively enough information, please trim it
to reasonable size roughly 1.5 to 3 pages) .................................................................. 28
Supply chain management (this contains excessively enough information, please trim it to
reasonable size roughly 1.5 to 3 pages) ...................................................................... 34
References ............................................................................................................... 36
IMPORTANT NOTES TO CONSIDER ................................................................................ 37
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
Please note, this document contains excessively enough information, please
trim it to reasonable size roughly 7 to 14 pages, you many no use everything
also avoid the use of “you” which is featured in this document, you second
person reference in place of you, such as “the business, the company,
management etc”
You are good to go!
QUESTION 1 (this contains excessively enough information,
please trim it to reasonable size roughly 2 to 4 pages)
By using practical examples, critically discuss how you would finance your
business. Motivate why you choose specific ways of financing over others. (10).
Financing is needed to start a business and ramp it up to profitability. There are several sources
to consider when looking for start-up financing. But first one needs to consider how much
money is needed and when will it be needed. The financial needs of a business will vary
according to the type and size of the business. For example, processing businesses are usually
capital intensive, requiring large amounts of capital. Retail businesses usually require less
capital. Most entrepreneurs use multiple methods to access capital for their small businesses,
including personal savings. External sources of financing fall into two main categories: equity
financing, which is funding given in exchange for partial ownership and future profits; and debt
financing, which is money that must be repaid, usually with interest. Grants are funds that do
not need to be repaid, and may be offered by government agencies, non-profit organizations,
or for-profit companies.
Funding availability can depend on how established or mature a business is. Financing a brand-
new start-up is more difficult since there is no business track record yet. Because of this risk,
it may be easier to attract equity financing than debt financing. Funds for a growing business
will be much more available because the business already exists and has some financial
statements to extrapolate from. For this reason, more mature businesses will find it easier to
access debt financing. However, equity financing may be harder for mature businesses to find
because the business, or industry, has plateau-ed with little forecast for growth. When creating
a financial plan, entrepreneurs may find it useful to compare their business or potential business
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
, PASSMATE TUTORIALS
to industry standards for the same or a related industry or to a public company in the field
which has disclosed financial information.
Equity Financing
Equity financing means exchanging a portion of the ownership of the business for a financial
investment in the business. The ownership stake resulting from an equity investment allows
the investor to share in the company’s profits. Equity involves a permanent investment in a
company and is not repaid by the company at a later date.
The investment should be properly defined in a formally created business entity. An equity
stake in a company can be in the form of membership units, as in the case of a limited liability
company or in the form of common or preferred stock as in a corporation.
Companies may establish different classes of stock to control voting rights among shareholders.
Similarly, companies may use different types of preferred stock. For example, common
stockholders can vote while preferred stockholders generally cannot. But common
stockholders are last in line for the company’s assets in case of default or bankruptcy. Preferred
stockholders receive a predetermined dividend before common stockholders receive a
dividend.
Personal Savings
The first place to look for money for small business proprietors is own savings or equity.
Personal resources can include profit-sharing or early retirement funds, real estate equity loans,
or cash value insurance policies.
Life insurance policies: A standard feature of many life insurance policies is the owner’s ability
to borrow against the cash value of the policy. This does not include term insurance because it
has no cash value. The money can be used for business needs. It takes about two years for a
policy to accumulate sufficient cash value for borrowing. One may borrow most of the cash
value of the policy. The loan will reduce the face value of the policy, and, in the case of death,
the loan has to be repaid before the beneficiaries of the policy receive any payment.
Home equity loans: A home equity loan is a loan backed by the value of the equity in one’s
home. If the home is paid for, it can be used to generate funds from the entire value of home.
If the home has an existing mortgage, it can provide funds on the difference between the value
of the house and the unpaid mortgage amount. Some home equity loans are set up as a revolving
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
