Initial Funding: Introduce your new business by describing the type of business you selected and 2-3 types of physical assets the company may need to get started. List and explain the difference between equity financing and debt financing - including one advantage and one disadvantage from the lesson as they relate to your new business venture. Share which one you feel would be the best course of action for your initial company funding. Why is this the best choice? Financial Management: Explain financial management and the three key activities of a financial manager from the lesson. Provide an example of each activity as it relates to the business you would like to open.