If you needed to get funding for your company, would you prefer to get debt funding or equity funding? Explain why you would prefer this type. (2-4 sentences. 2.0 points)
@HuskyNation
but i don't need funding :/ the traveler pays us first then once we have recieveed the money we book the trip and organize it. until then we just do an itinerary for the traveler. Plus i already have money and it is a bussiness that is runned from my house
ugh :( Just trying to be creative lol Or we could choose another company type to make it simpler.
nah i got this
i got something hold up
ok
I would choose debt funding for the business because it is a regular loan by borrowing money and not giving up ownership. This is better for the business because you will always have the same amount and won't lose any during the day. Compared to equity funding, this means investing it into shares of stocks and if the stock goes down then the money you need loses some unless it goes up. This option is only best if you are a professional stock trader.
*sits back after so much typing*
good?
Great
x'D
Join our real-time social learning platform and learn together with your friends!