Harley Enterprise is an enterprise that specialises in restaurants and has opened up a new gourmet restaurant called LaB. LaB introduces new and exciting ways to spice up the food you adore and is exceptionally profitable and unique. It is a scientific themed restaurant and could be the start in a new development in dining experience; it is both classy but fun making it enjoyable to a wide range of people. The first branch of the restaurant LaB is located in West End, an inner-city suburb in Brisbane. West End was once described as a rough, working class area but now it has been transformed into a bustling area with a lively lifestyle filled with shops and restaurants. Because of this business’s profitability, the management needs finance to grow this one-of-a-kind restaurant and expand to South Bank another reputable area. This report will investigate two different sources of finance from financial intermediaries that could be offered. This will include Venture Capital and Leasing.
Venture Capital (VC)
The first source of final that I think would suit Harley Enterprise’s LaB business would be venture capital. Venture Capital (VC) is a type of capital that is directed at new or young businesses with limited operating history and the likelihood of high rates of return and rapid growth [Source 1]. Most venture capital comes from a group of …show more content…
This is since the VC firm will need to be informed of any major decision you make and has the power to override decisions you make. This can be seen as a notable loss of control but the level of control you have varies depending on the terms of the VC deal. Some VC firms will allow you more command than others but you still need to keep in mind that no matter what your deal is you are still giving up a certain percentage of your business’s
Venture Capital (VC)
The first source of final that I think would suit Harley Enterprise’s LaB business would be venture capital. Venture Capital (VC) is a type of capital that is directed at new or young businesses with limited operating history and the likelihood of high rates of return and rapid growth [Source 1]. Most venture capital comes from a group of …show more content…
This is since the VC firm will need to be informed of any major decision you make and has the power to override decisions you make. This can be seen as a notable loss of control but the level of control you have varies depending on the terms of the VC deal. Some VC firms will allow you more command than others but you still need to keep in mind that no matter what your deal is you are still giving up a certain percentage of your business’s