January 2015
Beginner
480 pages
31h 42m
English
Content preview from Financial Management: Core Concepts, Third Edition
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Chapter 15 Raising Capital
AT a Glance
LO1 Describe the life cycle of a business.
One classification of a business life cycle involves five phases: start-up, growth, maturity, decline, and closing. This chapter uses the life-cycle approach as a convenient way to examine the most typical sources of capital available to a business at each stage.
LO2 Understand the different sources of capital available to a start-up business and to a growing business.
There are five main sources of funding typically used by the start-up and growing business: ...
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