student started this topic @ 17:47 on 12/04/2004
Hi,
I need some answers for research on attitudes to sources of finance, any answers will be most appreciated, thanks in advance for your replies.
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Questionnaire
How much of the following would you be willing to risk or have risked to fund your business:
1.

0-20% of your savings
(b) 21%-50% of your savings
(c) All your savings
and why?
2.

0-20% of your personal assets
(b) 21%-50% of your personal assets
(c) All your personal assets
and why?
3. In terms of borrowing finance what do you consider yourself?

risk averse (You are NOT prepared to take risks)
(b) Risk moderate (You can take some risks)
(c) Risk taker (You like taking risks)
and why?
4. In terms of control would you:

Be worried losing control through loss of equity?
(b) Not be worried losing control through loss of equity?
5. For expansion of your business what is the main type of finance you would use?

Retained Profits
(b) Debt (loans)
(c) Equity (shares)
(d) Don’t want to expand
and why?
RE: Questionnaire
isaac3 | 12/04/2004 07:31 PM
1. c
why? if i believed the company would be successful, then it would be worth the risk
2. c
wny? again this depends on how good a opputunity the business is.
3. b
4. b
5. a and b
RE: Questionnaire
stephenjamesmurray | 13/04/2004 11:25 AM
1. C
If you don't believe in yourself and your idea why would anyone else?
2. C
For same reason as 1.
3. B
No new business is foolproof - you have to be prepared to take a certain element of risk.
4. A
5. A & B
Stephen
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Stephen
http://www.urbandesignclothing.co.uk
RE: Questionnaire
student | 13/04/2004 06:09 PM
Thanks Isaac and Stephen.
Everone else please I need some more answers.
Many thanks in advance.
RE: Questionnaire
vigo | 16/04/2004 03:07 AM
1) b
I want to have something to fall back on if I fell on hard times, but I don't see what the point of going ahead with a business is if you're not prepared to put the finacial backing in as well as throwing yourself into it.
2) a
Taking into account my answer for (1), I would not risk any personal assests - especially not my house. I'm disabled (enough not to get even an office job easily, but not enough to get benefits) and I need a place to live! Stability, not stupidity is my motto. Basically, even if I can't afford to eat I want somewhere to sleep [
]
3) a
Very, very risk averse. See answer to (2)
4) a
It's very important to me to do what I do for me, and me only. I'm lucky enough that I can get "off the ground" without external help - if I couldn't I doubt I'd go into an equity sale.
5) a
Definately a. What's the point of expanding if someone else (a bank, or invester) is going to get a lot of the benefit?
Good luck in your research,
Nath