Entrepreneurs must decide between equity financing and taking on a loan for the business. This decision may be challenging for most small business owners in the situation when they start or they need to expend a business. Therefore, entrepreneurs should evaluate advantages and disadvantages of debt and equity financing and determine which type of financing is best for their business.
Discuss pros and cons of debt and equity financing.
Determine which type of financing is best for your business.
Provide examples and details that support your position.