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and calculate your loan payments. Include these expenses in your
Operating Budget
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FIN 375 Week 3 DQ 1, DQ 2 and DQ 3
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FIN 375 Week 3 DQs
DQ 1
1. What types of financial partnerships are available for small
businesses?
2. What are the advantages and disadvantages of having a financial
partner in a small business?
3. If you were opening a small business selling and installing floor tile,
why might a financial partnership be of interest to you?
4. What potential problems, if any, might a financial partnership lead
to in the future?
DQ 2
1. How might inventory and accounts receivables be leveraged for
short-term financing?
2. Suppose you own a water purification company that sells and
installs reverse osmosis systems for homes and businesses. You have a
large profitable job lined up two months away, but after buying all of the
supplies, you do not have enough capital to sustain the business until
that time. What would you do?
DQ 3
1. Why is it important for a small business venture to gain support
from prospective financiers and key customers?