Describe the methods of raising long-term finance.

Raising long-term finance is essential for the growth and development of any business, especially for funding fixed assets such as land, buildings, machinery, and technology. Long-term finance generally refers to funds that are required for a period exceeding one year. Under the Fundamentals of Management, financial planning and decision-making are key functions, and selecting suitable methods of long-term financing is a strategic decision for any manager. Several methods can be employed to raise long-term finance, and each has its own merits and considerations.

One of the most common methods is equity shares (ownership capital). Equity financing involves raising funds by issuing shares of the company to the public or private investors. This method _____ ________ ___ _________ ______ ______ ________ ________ _______ __________ _________.
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