Hello all, I have recently been assigned a project in which I have to show the difficulty of acquiring funding for a new business and also what this funding can be used for. I am hoping that someone out there can be helpful to me and share their experiences. If possible, please copy and paste these questions and your answers into an email document and send to eustation@hotmail.com. I REALLY appreciate your help in this.

1. Why did you want to, or feel the need to start your own business?
2. Why is acquiring funds important to a successful business beginning?
3. How were you able to acquire funds and how hard was this to do?
4. If you took loans, were the interest rates reasonable? On average, how long did you have to pay back the principle?
5. Do you know of other approaches used by new business owners to acquire funds that differed from your own?
6. What specifically was this original capital (investment, loan) used for in your business?

Thank you once again for your time and experience in helping me out.

Eric Ustation