Prior to beginning work on this discussion forum, read Unit 3: Securing Capital from the course textbook Entrepreneurship: Starting and Operating a Small Business. Frame your reading with the view that obtaining financing for a new business depends on a mix of personal and business factors. For example, people uncomfortable with debt are likely to prefer equity financing rather than debt financing. Of course, personal preferences are affected by business factors. For example, those offering equity funding do not fund all business offerings and debt, or bootstrapping might be the only options available.
Review the funding sources listed in Exhibit 10-3 in the course textbook Entrepreneurship: Starting and Operating a Small Business. Assess your personal feelings about independent funding, debt funding, and equity funding. Select one source of funding sources listed in Exhibit 10-3 and then do the following:
