Competition can be fierce for small business and it is important that a small business owner to maintain a competitive advantage over rivals.

Competition can be fierce for small business and it is important that a small business owner to maintain a competitive advantage over rivals.

Additionally, proper funding is important as most firms require some sort of financing to fund operations and the owner has several options to choose from.

1. Choose a company and share how that company creates and maintains a competitive advantage in a particular market and discuss why a competitive advantage is important for any business.
2. Identify at least three financing options for funding a new business and discuss the advantages and disadvantages of each.