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Topic: Financing  

Business Education

 Standard 38.  Understands a variety of strategies used to make long-term and short-term management decisions
  Level IV (Grade 9-12)
   Benchmark 3.Knows a variety of traditional and nontraditional sources used to secure financing (e.g., equity financing such as personal savings, family and friends, forming a partnership, or using venture capital; debt financing such as borrowing; short-term loans; long-term loans; government loans)
    Knowledge/skill statements
     1.Knows a variety of traditional sources used to secure financing
     2.Knows a variety of nontraditional sources used to secure financing
     3.Knows equity financing as a source to secure financing
     4.Knows equity financing such as personal savings
     5.Knows equity financing such as family and friends
     6.Knows equity financing such as forming a partnership
     7.Knows equity financing such as using venture capital
     8.Knows short-term loans as a source to secure financing
     9.Knows long-term loans as a source to secure financing
     10.Knows government loans as a source to secure financing