BUS 160 CHAP 15 PPT.pptVIP

Objectives Know the three types of capital financing and their costs and trade-offs Understand the characteristics of a business that determine its ability to raise capital Know how to choose the right type of financing for your business Understand the differing needs for financial management at each stage of business life Focus on Small Business: Incell Corporation “I’ve used my own savings, borrowed from banks, and obtained grants…Incell may be the only biotech company in the world to be bootstrapped.” Problem is one of too much success “Financial management is a daily, constant, on-going pr