What happens during ideation and development stages

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Question

There are many factors to be considered while setting up a new business. Developing a sound understanding of the various stages of setting up a new business and the components of a business model will help you assess your key business requirements.

This assignment is divided into 3 parts. Complete all 3 on the same document and submit at the end of Week 3 when finished.

Part 1:

What happens during the ideation and development stages in the business life cycle and why most businesses experience a decline stage in their life cycle.

Describe in no more than 75 words the three main categories of funding options for new businesses.

Reference no: EM133474839

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