Financing – Risks and Returns
1. When considering potential sources of financing for a business, list five features/characteristics that one should consider and provide brief discussion on why these characteristics are important.

2. List three sources of financing suitable for a start-up firm and explain why they are most suitable for a firm at this stage of its life cycle.

3. List three sources of financing suitable for a growing-expansion firm and explain why they are most suitable for a firm at this stage of its life cycle.