Financing Your Business
Business owners need to know their financing options in order to make the most informed decisions. The Financing Your Business workshop begins with a discussion of the various forms of financing. The differences between debt and equity are outlined and recommendations made about when each type of financing might be most appropriate. Considerable time is spent on understanding the concept of leverage, when it works for a business and cases where it would not be appropriate.
Topics include:
- Equity – Common and preferred shares
- Mortgages, term loans, and lines of credit
- Why use financing
- Effect of interest rates and loan terms on interest expense
- Working capital management
- Methods of collecting receivables
- Inventory management
