G. How will you raise the money you will need to get up and running?

To raise the money for the zoo company, we will first pool together our savings and understand how much we have. Since every member wants the company to succeed, it will be the first method to use before we seek other alternatives to fund the start-up of the company. Since the money may not be enough, we will also seek funding from family and friends. This is because family and friends are the first people who believe in our vision of setting up the company. They will be requested to offer any amount that they can afford without giving a limit. We will also accept money from any friend or family member who offers it as a loan and it will be repaid later. Investors will also be approached with the aim of getting money from them to enable us to operate the company. We will explain the business idea through presentations and explain to them why it is important for them to invest with us. We will also agree on the percentage of shares that they will hold in the company once it starts operating.

Banks are always giving loans to businesses, and we will visit several banks to try and secure a loan that will enable us to set up the company. We will make sure that the repayment terms for the loan are favorable to ensure that we can pay back the loan comfortably and also remain in operation. We will also use the internet and several other platforms to request for funding from well-wishers and donors. Through the platforms, we will explain to the public about our company, why we want to start it, and how they will benefit among others.