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Primary sources of short-term funds for new business owners

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Reference no: EM133181229

Can you please answer these questions as a few paragraph for each question below?

  1. What are the primary sources of short-term funds for new business owners? What are their major sources of long-term funds?
  2. Why does a finance manager need to understand accounting information if the firm has a trained accountant on its staff?
  3. Why do firms generally prefer to borrow funds to obtain long-term financing rather than issue shares of stock?
  4. Go online and check the capitalization required to open a franchise of your choice, like Subway or McDonald's. Does the franchisor offer financial assistance to prospective franchisees? Evaluate the cost of the franchise versus its business potential using the risk/return trade-off discussed in the chapter.  

Reference no: EM133181229

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