Small Business Shuns Outside Financing


Small Business Shuns Outside Financing
E ighty-one percent of small business owners said they have never received outside equity or debt financing, according to a survey by SurePayroll. More than half (55%) of respondents said they had no need and no future plans for external funding.

For those businesses that tapped outside capital, debt financing was most popular, with 40% financing growth through debt and only 29% using equity financing. The remaining respondents obtained a combination of the two.

Source: www.surepayroll.com .

JOB SECURITY

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.