One of the major obstacles entrepreneurs face in starting their ventures is financing. Not only is locating a source for financing a challenge but also the type of financing that should be attained. For this discussion describe the differences in equity and debt financing identifying the advantages and disadvantages of each. Then state which type of financing you would prefer if you were starting a new business and provide reasons.

Your grade is calculated based on your original post AND response to classmates. Please respond to at least two other students. Your teams discussion and responses must be substantive. As a guideline, your discussion should be 3 -4 paragraphs comprised of 5 -7 sentences per paragraph. Your responses should be 2 -3 paragraphs with 5-7 sentences per paragraph.