Chapter 10: Debt vs. Equity
- What are the four main benefits of debt financing and briefly explain each.
- What are the five things that banks require and strongly consider before issuing a small business loan?
- 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.
- What are the important five P’s when pitching venture capitalists – briefly describe each.