Explain the three trade-offs that guide the choice between debt financing and equity financing.
Answer to relevant QuestionsAssume that you are starting a business for the first time. What do you believe are the greatest personal obstacles to obtaining funds for the new venture? Why?In what ways does the federal government help with initial financing for small businesses?Distinguish between bust-up LBOs and build-up LBOs.1. What would be the reasons for and against Christina and David Sloan working for Tortilla King?2. What advice would you offer Sloan?What types of information should be part of a customer database?
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