You’ll be working with the team’s recommended country, in this case: (Canada) and with one of the two or three industries the team identified in its research as growing in the recommended country such as: (Technological Industry, Media and Communication Industry, Food and Beverage Industry)
Please choose a US company that is listed on the New York Stock Exchange or the NASDAQ.
Don't use plagiarized sources. Get Your Custom Essay on
Financing Sources for Global Business Operations
For $10/Page 0nly
That company MUST BE in one of the growing industries your team researched in the recommended country.
That company MAY BE operating as an exporter to your team’s recommended country BUT you can still choose it if it is not CURRENTLY manufacturing there AND you explain why manufacturing in the recommended country makes economic sense.
For example, (Don’t pick this example) let’s say you choose TECHNOLOGY industry in Canada because that is growing in Canada, given USMCA. Okay, then you choose as your technology company RingDoorbell, currently sold by Amazon. While RingDoorbell may be sold in Canada, you argue the economic advantages of manufacturing it in Canada.
I have attached a paper outlining the industries you will use in this research paper and also the instruction/guidelines.
Conduct Research:
1. ECONOMIC ENVIRONMENT
Discuss the influence of the country’s infrastructure and economic conditions (inflation, currency exchange rate, interest rates, unemployment, personal income) on startup costs and the financial potential for this business enterprise.
2. START-UP COSTS
Identify expenses (and estimated amounts) that would be necessary when starting this global business enterprise. (Be sure to consider equipment, buildings, vehicles, infrastructure improvements, training costs, consultants, legal fees, and licenses.)
3. FINANCING SOURCES
Compare the availability and costs associated with different sources for funding this global business enterprise. (Large companies may sell stock, issue bonds, and obtain loans. Smaller organizations might make use of personal investors, small business loans, venture capital sources, or government-guaranteed loans.)
Obtain recent currency exchange rates for the country you have researched. Graph changes of these currency values in relation to two or three other countries. Discuss economic and political factors that may have influenced any changes in the country’s exchange rate.
Locate online information sources for organizations that provide funding for start-up enterprises involved in exporting and international business. What requirements exist to obtain this funding?
prepare a summary report consisting of the following components:
1. An overview of economic conditions that might affect start-up costs and financing alternatives for the proposed global business enterprise.
2. A description (and estimate of amounts) of the necessary start-up costs.
3. A synopsis of financing alternatives that might be used in this situation.
4. Recommend actions that might be taken to obtain financing for the proposed global business enterprise. Provide evidence to support your recommendations.