Entrepreneurial Opportunities

Part 1 QUESTIONS SOCIAL MEDIA
Social media has become a very important part in today’s business world. Select a company that has a Twitter account and other that have a Facebook account, and compare each one of them, based on the following:
• How frequent the post on the social pages? • What kind of information they post? • Do you think that this could bring a business opportunity to the company? Why? (Make sure you give an example).
Part 2: CREDIT APPLICATION ANALYSIS
Select three financial institutions that provide commercial loans and request a credit application. Answer the following questions:
• Does that financial institution offer credit opportunities for any kind of business venture? What are the lending criteria for small businesses and for new businesses? • Does the financial institution consider the 5-C’s of credit? If so, which one is the most important and why? • Categorize the questions in the application in terms of which of the 5-C’s it attempts to assess.
Part 3: Discussion Board
“Financial institutions are very serious in applying the 5-C’s of credit, but only to new and small businesses. This criterion does not apply to large or multinational corporations”
Did you agree to this premise? Why? What is the feasibility of obtaining financing for a new business, if the entrepreneur has no capital or properties? Why do you think commercial banks are reluctant to lend money to start-ups? Please note, make sure you have enough evidence to justify your point of view. Provide one reference to justify your point of view.