T​‌‍‍‍‌‍‍‍‌‍‍‍‌‌‌‌‌‌‍‍​his assignment is an individual written assignment to critically evaluate the challenges and business decisions faced by a start-up enterprise. 2,000 words 1. Critique the challenges encountered in starting and developing a business venture. 2. Critically evaluate business decisions needed to start and develop a new venture. Discuss and analyse the following statement (using appropriate examples): “The greatest challenge a growing start-up business will face during its early years will be sourcing and acquiring the finance it requires to grow” Your answer should seek to create arguments that both agree and disagree with the above statement. Look to include the following- • Cyber Security (probably biggest issue) • Evidence your decision on whether you agree or disagree by using academic writers • Look at journal articles no older than 3 yea​‌‍‍‍‌‍‍‍‌‍‍‍‌‌‌‌‌‌‍‍​rs old • Use chancellor report regarding start up funds for small businesses • Look to include equity finance • Look at early SME finance survey to look at trends • Use www.british-business-bank.co.uk/research/sbfm for assignment • Include IBO funding in the assignment but not in depth • Discuss the difference between Venture Capital and Private Equity • Discuss and analyse the finance challenges • Differentiate the difference between sourcing and acquiring finance to illustrate the meaning BBB report/government report • Discuss the different funding options available to a business- boot strapping/business angels/crowd funding/VCs • Are there challenges/influences factors with sourcing funding? If so what are they- bias/gender/ethnicity/location London, South East versus North East/Rural areas Don’t use non-academic or non-peer reviewed sou​‌‍‍‍‌‍‍‍‌‍‍‍‌‌‌‌‌‌‍‍​rces. Sources need to be credible