https://www.mediafire.com/file/p15ruw7v2borfe3/small-business-management-theory-and-practice.pdf/file Chapter 10: Debt vs. Equity What are the four main benefits of debt financing and briefly explain

https://www.mediafire.com/file/p15ruw7v2borfe3/small-business-management-theory-and-practice.pdf/file

Chapter 10: Debt vs. Equity

1. What are the four main benefits of debt financing and briefly explain each.
2. What are the five things that banks require and strongly consider before issuing a small business loan?
3. Briefly describe each of the three typical stages of equity financing: (1) Friends & Family, (2) Angel Investment, and (3) Venture Capital - and what stands out to you the most about each.
4. What are the important five P’s when pitching venture capitalists - briefly describe each.