The 18th day of October, the 25th of YALI RLC NC3, was very eventful! It started with physical exercise, of course, and ended with the last creativity night for this cohort. Breakfast got served at 7. Then, Mr. Kappo presented. His style of presentation is different, but his message still got passed. Afterwards, we went ahead to receive lectures at our different tracks.
There are different sources of funds for businesses. One can source for funds, for one's business, from one's personal savings or purse, family and friends, 'bootstraps', grants' institutions and what have you. Doctors 'Laide, Obeng and Pascal, like they'd always been doing, did their best to explain in details 'debt or equity financing', where we learnt that it's more preferable (or even wiser) to get one's business financed through both debt and equity. Both debt and equity financing supply a company with capital, but the similarities largely stop there. Debt financing is ...