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Assignment Week 9- CH.5.doc

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Department
Global Management Studies
Course
GMS 200
Professor
jj
Semester
Winter

Description
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 Personal savings from a full-time job can be used to invest in the business. Equity Investment 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 Funding Government grants are the money most businesses seek as it is free money. But most government funding pr
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