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Learners will be introduced to the primary types and sources of financing available to business Outcomes Learners will be able to: • List the two primary types of financing available to businesses, and describe the benefits and drawbacks of each. • List the various sources of financing. • Identify the motivation behind each source of financing. • Explain which type of financing might be most suitable for a given business. The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows: • D.01 Explain the nature of effective communications, • G.10 Describe services provided by financial institutions, • I.08 Explain the purposes and importance of obtaining business credit, • I.16 Explain sources of financial assistance, • I.17 Explain loan evaluation criteria used by lending institutions This resource is part of the Entrepreneurship Learning Activities collection.
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