Entrepreneurship and Small Business

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read the attached Case 2- Able Planet. Based on your understanding of the case and basic concepts of Entrepreneurship.

Answer the following question:

1. Experts say that entrepreneurs who need between $100,000 and $3 million often face the greatest obstacles when raising capital for their businesses. Why? (200 words MINIM )

2. How should Kevin Semcken raise the $1.5 million in capital that Able Planet needs? Be sure to consider sources of both debt and equity financing. (200 words) MINIM

3. Write a short memo to Kevin Semcken explaining what he should do before he approaches potential lenders and investors to maximize his chances of getting the capital that Able Planet needs. (300 words MINIM )

Required:

• Referencing and in-text citation APA
• Each answer should be within 350 to 500 range of word counts
• Times New Roman (size 12, double-spaced)
• Case s in the attached file