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Strategy Implementation Fung Capital USA is a venture capitalist company that invests in entrepreneurs with a wide array of innovations and unique products. According to John Steadman, one of the founders of the company, the firm helps to fund businesses which portray the potential of attaining tremendous returns in the long-run. Apart from offering funding, Fung Capital USA also offers advice to the companies in its portfolio.Sierra Ventures is a leading private venture capital firm has to date invested approximately $1.
1 billion in capital to various companies. Allan Hammond, one of the managers of the venture capitalist, indicated that it was fundamental for an entrepreneur to clearly show the growth potential of the business in the business plan when seeking funding from their firm. A venture capitalist has to see how the capital invested can be returned with substantial profits.Financial Plan for Global-Cell Inc.Start-up FundingA personal investment of $23,000 will be made by the proprietor of Global-Cell Inc.
and $20,000 sourced from a venture capitalist in order to cover the start-up costs of $43,000. Below is a table illustrating the sources of funding for the company’s start-up costs.Start-up assets$33,000Start-up expenses$10,000Total required funding$43,000AssetsCash requirements$1,500Non-cash requirements$30,500Cash balance on onset$2,000Total assets$32,000Liabilities and CapitalLiabilitiesNon-current liabilities$0Current liabilities$0Total liabilities$0CapitalPlanned investmentOwner equity$23,000Investor – Venture capitalist$20,000Total planned investment$43,000Loss at start-up due to startup expenses($10,000)Total capital$33,000Total capital and liabilities$33,000Total funding$43,000ReferencesMcKeever, M. P., (2008).
How to Write a Business Plan. Rhonda, A. (2003). The Successful Business Plan – Secrets and Strategies
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