Question: 1 - Why would an entrepreneur prefer debt financing instead of equity financing? In what situations would equity financing be better than debt financing? 2

1- Why would an entrepreneur prefer debt financing instead of equity financing? In what situations would equity financing be better than debt financing?
2- Distinguish between the different types of small business according to the level of aspiration of the founder?
3- What are the qualities needed to succeed as a franchisee?
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