Sample Essay on:
LAUNCHING A BUSINESS IN A THIRD-WORLD COUNTRY

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Essay / Research Paper Abstract

This 3-page paper discusses the raising of capital and marketing of a company in a third-world country. Bibliography lists 3 sources.

Page Count:

3 pages (~225 words per page)

File: D0_MTbusthrwd.rtf

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Unformatted sample text from the term paper:

case in any foreign country -- its specifically not the case in a third-world country. In this paper, the student has been asked to launch and operate a successful, profitable business in a third-world country, one that has a social and economic benefit as well. The new business will require $7 million (USD) of equipment, that will be imported from another developed nation. An additional $5 million will be needed in other start-up capital. When it comes to acquiring financing to start up a business, there are many ways other than bank loans and money from friends and relatives (not to mention maxing out the credit cards) that can be used. Depending on the third-world country, the entrepreneur could obtain a microloan from the government (Dobbin, 2004). Additionally, sometimes government loans in the entrepreneurs host country (such as the U.S. or UK) have loans on hand, specifically to launch businesses in countries that could use that business product or service. When all else fails, there are a couple of other methods. These include venture capital financing, angel financing or going into partnership with someone who lives in the host country. With venture capital financing, the entrepreneur can obtain money in exchange for a portion of the business. This is especially useful for venture capitalists interested in investing abroad. A joint venture or partnership with someone in the country would also be a strong way to gain entry into the country, while having someone "on the ground" who knows the customs and markets. The downside of this, of course, is that the entrepreneur has less control of the business. But sometimes, when it comes to entering another country, having someone "on the inside" actually making an investment in the company could do wonders. Costs of capital expected to incur would ...

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