Starting a small business is incredibly exciting, but it can also be a substantial financial undertaking. Choosing which type of funding to use when launching a business can significantly impact the overall health of your business.
Here at the Better Business Bureau (BBB), we understand that starting a business can be an incredibly stressful experience. That’s why we’re dedicated to providing small businesses with the resources and support they need to succeed.
One of the most critical decisions a small business owner can make is choosing between using debt or equity to finance their business. Both have advantages and disadvantages, and it’s essential to understand the differences before making a decision.
The BBB explains what each method looks like, their pros and cons, and how to decide which method will work for your business in a new article here.