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Michael Johnson

Clarity Expert

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Experienced Big-4 CPA with public and private company audit experience as well as experience with high net worth clients and small businesses. Currently overseeing accounting for $300 million annual revenue software company. Clear and concise communicator.

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CPA

Is there an advantage to fund your company with a personal loan vs equity?


Michael Johnson

Clarity Expert

There can be. Debt is generally 'cheaper' than equity and also allows for flexibility in the event of default. Further, tying up equity precludes other investments.

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AccountingAuditingFinancial AnalysisFinancial ReportingInternal ControlsSEC filingsUS GAAPSarbanes-Oxley ActCPAGeneral Ledger