In what ways do the “4-C's” for borrowing differ from the requirements to be able to obtain equity capital?
Answer to relevant QuestionsExplain why it is easier to borrow money to buy a semi truck than to purchase rights to a business process. In what ways does financial management for small startup businesses different from that of academic organizations and businesses? Discuss how the use of EOQ and re-order calculations can benefit a retail business. What are the drawbacks using these calculations? What is the risk to the small business owner of operating without insurance? How can you protect your company’s trade secrets?
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