| Home |
|
Chapter 12 |
|
1. Explain the differences in the three types of capital small businesses require: fixed, working, and growth.
2. Describe the differences in equity capital and debt capital and the advantages and disadvantages of each.
3. Discuss the various sources of equity capital available to entrepreneurs, including personal savings, friends and relatives, angels, partners, corporations, venture capital, and public stock offerings.
4. Describe the process of "going public," as well as its advantages and disadvantages and the various simplified registrations and exemptions from registration available to small businesses wanting to sell securities to investors.
5. Describe the various sources of debt capital and the advantages and disadvantages of each: banks, asset-based lenders, vendors (trade credit), equipment suppliers, commercial finance companies, savings and loan associations, stock brokers, insurance companies, credit unions, bonds, private placements, Small Business Investment Companies (SBICs), and Small Business Lending Companies (SBLCs).
6. Identify the various federal loan programs aimed at small businesses.
7. Describe the various loan programs available from the Small Business Administration.
8. Discuss valuable methods of financing growth and expansion internally.
| Legal and Privacy Terms |