In a small business what are other means of raising capital and justify why you would use these means instead of others (omit using your own money as an option).© BrainMass Inc. brainmass.com March 21, 2019, 10:27 pm ad1c9bdddf
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Some of the ways to raise capital in small businesses are as follows:
1) Go to the local bank and show them a portfolio of your company and its business. It will have to include financial statements, profits, debts, and collateral. The credit history of the owners will be taken into consideration to back the loan. There are unforeseen problems that can arise from this, such as the business failing and your credit rating will also ...
This 400 word solution includes a list of strategies that a small business can employ to raise capital. Additionally, this solution includes one reference for further investigation of the topic.