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). ________ ___ ________ _______ ______ ________ ____ _______ ___ ____ ___.
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