The U.S. Small Business Administration (SBA) website is perhaps the most valuable resource for any new entrepreneur in America for all aspects of starting, operating, and growing a business, and it would help the students in this class to use like a handbook. It is especially useful in learning more about financing a business and obtaining a loan. Assess stages of financing which includes the following:
• Explain the different stages of financing.
• Analyze sources of financing through the lifecycle of a firm.
• Assess the trade-offs between debt and equity financing for an entrepreneur.