Discussion Post: Entrepreneurial Finance & Accounting
Learning Objectives
a) Distinguish between financing and accounting.
b) Explain debt and equity financing and the advantages and disadvantages of each.
c) Discuss the advantages and disadvantages of bootstrapping.
Task
• Outline the difference between financing and accounting and discuss and example that explains the difference.
• How do funding requirements differ in each stage (seed, early, mature) of a company's lifecycle and why?
• What are some of the sacrifices you could see yourself having to make to bootstrap your potential business?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.