[Get Solution] Terms of a Business Loan

Read chapter 10 My business is wedding planning. The name of my business is PerfectWedding. 1. Research typical terms of a business loan and the equity requirement to obtain a business loan.  Explain the required Source of Capital for your business plan and submit in detail: – Loan amount needed.The life of the loan (how many years) – Terms of the loan (annual interest rate and # of years) – Monthly and annual debt payments (this can be calculated in the Financial Template ) – Equity requirement (i.e. 40% of capital needed) and your source of equity (pages 322 to 332 in the text) Read Chapter 11 My business is wedding planning. The name of my business is PerfectWedding. For each of the following topics, research and summarize what they are, why they’re important to you as a business owner. 1. Submit the associated blank forms . These will also be require in your Business Plan appendix.  Employer Identification Number – submit required forms. Non-Disclosure Agreement (Confidentiality Agreement)- submit a sample Non- Compete Agreement- submit a sample. Worker’s Compensation- no forms, but who is required to have it, why and what is it? Submit your article/link.  2. Using this 1st Stop Business Connection  (Links to an external site.) (link: https://business.ohio.gov/wps/portal/gateway/business/start/!ut/p/z1/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziDRw9PT0sLQz8_H0M3Awc_QIDvYz9jQ3dDQz0w9EUhPqZARV4uwVbWhgZ-jsb6UcRpR8HcDQgrD8KTQmmCyAKcFtRkBsaYZDpqAgAKGAAcg!!/dz/d5/L2dBISEvZ0FBIS9nQSEh/) under Checklists from the drop down menu, find the business most similar to your to determine what licenses, permits zoning and certificate regulations are required for your specific business. Download the files and/or the listing of license, permit and certificate required for your business. At minimum, submit the listing of your requirements for this assignment, but you will need to include your forms in the Appendix of your business plan also. Previous Next  (Links to an external site.), under Checklists from the drop down menu, find the business most similar to your to determine what licenses, permits zoning and certificate regulations are required for your specific business. Download the files and/or the listing of license, permit and certificate required for your business. At minimum, submit the listing of your requirements for this assignment, but you will need to include your forms in the Appendix of your business plan also.

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