UCLA Accounting Essay
Description
1. What does it mean to “Build Connections with Lenders”?
2. What does it mean to “Train your Customers”
3. Give an example of “Shrinking your Cash Flow”.
4. Identify the two types of financing for new capital and give an example of each.
5. Define the term “ROBS” and “HELOC” and how they are used to finance a small business
6. What document should be signed when borrowing money from friends and/or family?
7. What products are most popular when seeking crowd source funding?
8. What is an advantage and disadvantage of obtaining funding from Angel investors or Venture
Capitalists?
9. What is the primary difference between Equity and Debt financing?
10. Define the term “Burn rate”.
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