Assignment Week 9- Ch.5
1. How do I finance my small business? Give specific examples, and answering "the major
banks" is not correct.
Here are some ways that I can use to finance my small business:
Personal savings from a full-time job can be used to invest in the business.
Equity is ownership. Equity investment helps an investor make money accessible for use by
allowing an share in ownership of the business. This investment includes money from people,
including your family, yourself, friends, or other organizations in the business. This investment
money can be from inheritance, personal savings, personal loans, business partners, friends and
family, or stockholders.
Government grants are the money most businesses seek as it is free money. But most government