You are about to buy a business that is worth $200,000, but you do not have enough money to purchase the business entirely. You have a total of $90,000 in savings and you are looking at different...


You are about to buy a business that is worth $200,000, but you do not have enough money to purchase the business entirely. You have a total of $90,000 in savings and you are looking at different financing options. Provide information for the following:




  • Provide an example of debt financing

  • Explain which type of long-term liability financing you would choose to buy the business?

  • Provide a suggestion for future business owners on financing




Jun 10, 2022
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