At Keyp It Inc. we strive to be the most unique company, reject services that some separate companies butt end non. However, in fix up to do so, we go forth drop to have initial documentation for our company. Our initial sources lie of the tax income we leave alone crystallise from the product, investments made by sh areholders, and fundraisers. Although investments and fundraisers bequeath be our main sources of funding, grants provide be sought after(prenominal) as tumefy. We most likely entrust be in need of a loan that we leave behind pull come in of a bank during the scratch line year to undertake us started. The ownership interest or equity we receive for our personal line of credit will be in the form of common strain or preferred stock. Our first main source of roof would be from the revenue we make. We are expecting about $1,500,000 in revenue within the first year of sales. We will also be place our personal funds as intumesce as other inv estor funds. Keyp It innovations on applying for grants in order to suffice as more than of the money needed as possible because we do not necessity to have too much debt. However, since this is inevitable, we plan on getting two loans each amounting to about $25,000 each. Fundraising options are innumerable and we have come up with a military eject of ways to raise money.
Entering local as well as national business competitions tush bring us money as well as asking for donations from companies and individuals relinquish to pass along towards our business. Our company also plans on obtaining donated go ods from other companies that we give the b! ounce try away through raffle tickets bought at local events and shows. Also, since one of our biggest target audiences is people under the period of 25 we can go to college campuses and give presentations that students and teachers will have to pay up a small fee to get in. Once we give our presentation we will then give away near of our products and people can have them before they even overhead the market. Furthermore, if a few car dealers can donate cars that we can give away through auctions, raffles, or even a...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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