The Small Business Owners Manual by author Joe Kennedy: Selected Readings in mp3 Podcast
Chapter 11 Part 2, Understanding Banking, Credit, and Considering 13 Sources of Outside Financing
Nadia Hopper continues her read of chapter 11, where we discuss three more forms of small business financing. The use of personal credit cards and credit lines are described first, then we turn to a detailed discusssion of asset-based loans and conditional sales contracts in contrast to equipment leasing. This includes a list of factors associated with each financing method such as tax effects, depreciation, cash convervation and obsolescence.
