BUSINESS FINANCE

Business Finance

Business Finance

When determining the amount of capital needed, the decision makers must analyze the situation and decide how much and what type of capital is required. Since the situation is not the same for all businesses, there is no magical formula. Some businesses may only need short-term financing for items such as salaries and inventory; whereas, other businesses may need long-term financing for major items such as office space and equipment. Each business must develop a customized plan that will meet its unique needs.

Debt financing includes bank loans, personal and family contributions, and financing from agencies such as the ...