You are about to buy a business that is worth $200,000, but you do not have enough money to purchase the business entirely.

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1. You are about to buy a business that is worth $200,000, but you do not have enough money to purchase the business entirely. You have a total of $90,000 in savings and you are looking at different financing options. Provide information for the following:

- Explain the advantages of equity financing and debt financing
- Explain the disadvantages of equity financing and debt financing
- Provide an example of equity financing
- Provide an example of debt financing
- Explain which type of long-term liability financing you would choose to buy the business?

2. Provide a suggestion for future business owners on financing that you have learned from this assignment.
3. What did you learn about yourself as a potential business owner while completing this assignment that you did not know about yourself prior?

Make sure you cite and reference your sources of information in the APA format.

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