Wednesday, 21 November 2012
Key Resources
What are the most important assets required to make the business model work?
-- You will also need office space and a company location. It is important to know where and how you will acquire it.
--This is where you need to figure out where you will get a hold of your suppliers who will supply materials such as iron ore or warehouse space.
--Sometimes it does not require much money to start your business and through these people you can easily get money to start your business.
--If your business requires millions of dollars to start then you can acquire money from investors or government grants from your country.
--Once you have made some revenue you can get loans from bank and financing from vendor who want to sell to you although you do not have the money.
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