Better Business, 5/e

Objective 15-2 Financing Small Business Activities

1. Describe the options small businesses have to finance short-term business needs.

Source: Diego Cervo/Fotolia

Ginny McIntyre runs a tailoring business from her home. Her customers have been recommending her work to other people, so in the last six months her customer base has almost doubled. Her house is barely big enough to accommodate all the orders and her equipment. She is considering interviewing another seamstress to help her with the additional work. If the increased demand continues, ...