English, asked by tanvinikam4122, 10 days ago

an advantage of debt financing is ?​

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Answered by 9480588581
0

Answer:

Maintaining ownership - unlike equity financing, debt financing gives you complete control over your business. As the business owner, you do not have to answer to investors.

Tax deductions - unlike private loans, interest fees and charges on a business loan are tax deductible. This is a big incentive for debt financing. Learn more about tax deductions for your business.

Retaining profits - your only obligation to your lender is making repayments within agreed time frames. You do not have to share your business profits.

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