Debt Financing and Equity Financing for Businesses Avon Lake OH

Looking for Debt Financing and Equity Financing for Businesses in Avon Lake? We have compiled a list of businesses and services around Avon Lake that should help you with your search. We hope this page helps you find Debt Financing and Equity Financing for Businesses in Avon Lake.

Scott Snow
Scott Snow Financial Advisors, LLC
(440) 871-7669
24601 Center Ridge Road, Suite 175
Westlake, OH
Expertises
Ongoing Investment Management, Planning Concerns for Corporate Executives, Planning Issues for Business Owners, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, CIMA, CPA

Michael Brady
Michael Brady & Co., Inc.
(440) 235-2100
25586 Bagley Road, Suite 2
Olmsted Falls, OH
Expertises
Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Ongoing Investment Management, Helping Clients Identify & Achieve Goals, High Net Worth Client Needs, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Ms. Linda D. Noble, CFP®
(216) 406-7984
32782 Briarwood Ct
Avon Lake, OH
Firm
Noble Financial Services

Data Provided By:
Mr. Michael F Abfall Ii, CFP®
(440) 934-5735
37190 Colorado Ave
Avon, OH
Firm
Edward Jones Investments
Areas of Specialization
Comprehensive Financial Planning, Divorce Issues, Estate Planning, Investment Management, Retirement Planning, Tax Planning, Women's Finances

Data Provided By:
Mr. Ralph W. Lunt, CFP®
(440) 537-1469
37271 Colorado Ave.
Avon, OH
Firm
TheRetirementPeople.com
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Employee and Employer Plan Benefits, General Financial Planning, Government and Military, Insurance Planning, Investment Management

Data Provided By:
David Zolt
Westlake Advisors, LLC
(440) 250-9744
24960 Center Ridge Road, Suite 3
Westlake, OH
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Tax Planning, Middle Income Client Needs, Advising Employee Benefit Plan Participants
Certifications
NAPFA Registered Financial Advisor, CFP®, EA

Kenneth Robinson
Practical Financial Planning
(216) 688-3737
3886 Rocky River Drive
Cleveland, OH
Expertises
Women's Financial Planning Issues, Middle Income Client Needs, Cash Flow/Budgets/Credit Issues, Ongoing Investment Management, Advising Employee Benefit Plan Participants
Certifications
NAPFA Registered Financial Advisor, CFP®, JD

Mr. Shawn D Brunner, CFP®
(440) 933-2059
130 South Point Dr
Avon Lake, OH
Firm
M.J. Baker Financial Advisors
Areas of Specialization
Accounting, Asset Allocation, Budget Development, Comprehensive Financial Planning, Education Planning, Elder Care, Employee and Employer Plan Benefits
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided By:
The JL Smith Group
(440) 299-8057
36610 Detroit Road
Avon, OH
 
Mr. Michael L. Perhne, CFP®
(216) 447-9318
3297 N Sandy Ln # 100
Avon, OH
Firm
Strategic Wealth Partners
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Divorce Issues, Education Planning, Insurance Planning, Investment Management, Long-Term Care
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Data Provided By:

Debt Financing and Equity Financing for Businesses

There are several advantages as well as disadvantages to debt financing and equity financing, and while not everyone understands the differences, they need to be understood.

The first type of financing to look at is the most traditional, called debt financing. In simple terms debt financing means that you have loans for money that you do not have, this is why it is called debt, because you are in debt. Whether you owe this money to a bank, individual company, or even an investor you are under an obligation to repay the debt.

Some of the advantages to debt financing are that you are able to stay in control of your business. You are who decides what money is spent on, whom to hire, what hours of operation and everything else associated with your business. Another advantage is for your tax purposes. Simply put any money that you spend on interest rates you can deduct on your taxes. Depending on the amount of interest you are paying, this can be a huge tax saving.

One of the biggest disadvantages of debt financing is that too much debt can cause your business to look risky, or even unstable. While this is the most desired type of financing, you must ensure that your business is capable of making all debt payments on time.

The next major type of financing is called equity financing. This means that you are trading a piece of ownership of your business for money. This method is most often associated with angel investors and venture capitalists. One of the biggest advantages to equity financing is that you do not have to repay the debt in any way - you do not have to make a monthly or balloon payment to give money back to the investor. As long as your business is making money your investors are happy.

Another advantage is that your investors may be able to help you get debt financing. With the funding coming from several sources, you could give up less of your business and still get the funding you need. In addition, the investors may be financing other companies that can help your business out. Most reputable investors will only associate with reputable companies, so having a reputable investor helping your business automatically gives your business a bit of an edge over some competitors.

The disadvantage with equity financing is that you are giving away partial ownership of your business in exchange for money. This means that you are no longer the only person in charge of making decisions such as pricing, employees, merchandise, and suppliers. You will also need the other owner’s signature in order to apply for bank accounts, credit cards, as well as other forms of debt financing. One of the worse scenarios that can come from equity financing is that you end up being forced out of your business. This is generally caused by disagreements where the parties are unable to work together, and someone must be bought out. Typically, the party bought out is the one who originally started the business, simply becau...

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