Analyze options for financing a small business.

 

Prompt:

 

Review Lesson 4 as well as section 5.2 The Necessity for a Business Plan in your textbook Small Business Management in the 21st Century (https://saylordotorg.github.io/text_small-business-management-in-the-21st-century/s09-02-the-necessity-for-a-business-p.html).   As part of well written essay, discuss at least four (4) options for financing a new small business.  What are the pros and cons of each?  For what type of business would each option be best suited?  Include sources and citations where appropriate and a reference list at the end of your essay.  Adhere to APA 6th ed. formatting.

Instructions:

 

Develop a formal 350-700 word essay

 

Your essay should include an introductory paragraph and a conclusion.

 

Follow APA format for structure. An APA template is attached here.   Support your essay with 3 credible, academic references beyond the course materials.  Please note Wikipedia, Investopedia and similar general websites are not credible academic references.