divanshu
  • divanshu
i have to write a business plan for starting business in just $100 that has potential to growing into million dollar business in an year ?? any ideas??
Finance
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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anonymous
  • anonymous
Use an internet based company model (low start-up costs) or assume heavy debt financing. If you assume 10,000:1 leverage, you're a million dollar business from the very beginning with only $100 out of pocket.
anonymous
  • anonymous
Yes, a debt leverage of 10,000:1 sounds like a prudent plan. Aswath, any comments?
divanshu
  • divanshu
hey , can you please explain in bit detail ..

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anonymous
  • anonymous
I think Valuator was being facetious. If you have only $100 in your pocket and are incapable of raising more equity, don't write million dollar plans....
anonymous
  • anonymous
Thank you Aswath.

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