MANAGEMENT

Detailed explanation-1: -There are several ways to finance expansion, including government grants, crowdfunding websites, and small business loans. Two of the most common methods are debt financing and equity financing. Debt financing: A loan offered on the promise it will be paid back in the future, with interest.

Detailed explanation-2: -Business finance is the cornerstone of every organization. It refers to the corpus of funds and credit employed in a business. Business finance is required for purchasing assets, goods, raw materials and for performing all other economic activities. Precisely, it is required for running all the business operations.

Detailed explanation-3: -Expansion is the phase of the business cycle where real gross domestic product (GDP) grows for two or more consecutive quarters, moving from a trough to a peak. Expansion is typically accompanied by a rise in employment, consumer confidence, and equity markets and is also referred to as an economic recovery.

Detailed explanation-4: -You can use your personal savings, credit cards, lines of credit, or personal loans to finance your growth, as you might have done during start-up. You can also ask friends and family to help finance your expansion plans. Be sure to keep them informed of how you are using their funds, and set up a repayment schedule.