A business plan Essay Example | Topics and Well Written Essays - 500 words

A business plan - Essay Example The Banking industry faces challenges concerning the financial systems in place. This is because the systems do not favor the small-scale entrepreneurs’ needs. This is manifest in the hard conditions set for the small-scale loan seekers. Finansol requires capital of US$25M to start operations (Austin, 2008, 34). The changes of regulations that govern the financial institutions will also enable the bank to obtain these funds through lease financing. The company has also access to funds through certificate of deposits and the issuing of bonds. Additionally, Finansol can seek funding through the exchange of loan portfolios for favourable percentage of stock. The start of the banking business will proof realistic because of the favorable business environment in the banking industry. The banks will offer favorable sources of lending facilities to the clients in a bid to boost business activities. The financial forecast of Finansol is realistic because the figure provided indicates the true position of the organization in the next five