{"id":21468,"date":"2023-12-06T02:43:39","date_gmt":"2023-12-06T02:43:39","guid":{"rendered":"https:\/\/masterskills.org\/blog\/equity-financing-la-gi-phan-loai-uu-va-nhuoc-diem.html"},"modified":"2023-12-22T04:55:07","modified_gmt":"2023-12-21T21:55:07","slug":"equity-financing-la-gi-phan-loai-uu-va-nhuoc-diem","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/equity-financing-la-gi-phan-loai-uu-va-nhuoc-diem.html","title":{"rendered":"Equity financing l\u00e0 g\u00ec? Ph\u00e2n lo\u1ea1i, \u01b0u v\u00e0 nh\u01b0\u1ee3c \u0111i\u1ec3m"},"content":{"rendered":"<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large\"><\/figure>\n<h2><span id=\"Equity_Financing_la_gi\"><strong>Equity Financing l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>\u0110\u00e2y l\u00e0 thu\u1eadt ng\u1eef c\u00f3 \u00fd ngh\u0129a T\u00e0i tr\u1ee3 b\u1eb1ng v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu.<\/p>\n<p>Equity Financing th\u01b0\u1eddng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng khi m\u1ed9t s\u1ed1 c\u00f4ng ty c\u00f3 nhu c\u1ea7u vay v\u1ed1n ng\u1eafn h\u1ea1n ho\u1eb7c d\u00e0i h\u1ea1n. V\u00ec v\u1eady n\u00f3 c\u00f2n \u0111\u01b0\u1ee3c hi\u1ec3u l\u00e0 qu\u00e1 tr\u00ecnh huy \u0111\u1ed9ng v\u1ed1n th\u00f4ng qua vi\u1ec7c b\u00e1n c\u1ed5 ph\u1ea7n c\u1ee7a doanh nghi\u1ec7p. C\u00e1c c\u00f4ng ty huy \u0111\u1ed9ng v\u1ed1n b\u1eb1ng c\u00e1ch n\u00e0y c\u00f3 th\u1ec3 v\u00ec h\u1ecd c\u00f3 nhu c\u1ea7u gi\u1ea3i ng\u00e2n ng\u1eafn h\u1ea1n ho\u1eb7c th\u1ef1c hi\u1ec7n m\u1ee5c ti\u00eau d\u00e0i h\u1ea1n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng v\u00e0o m\u1ed9t s\u1ea3n ph\u1ea9m\/d\u1ecbch v\u1ee5 n\u00e0o \u0111\u00f3.<\/p>\n<p>V\u1edbi vi\u1ec7c b\u00e1n \u0111i c\u1ed5 ph\u1ea7n c\u0169ng \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c h\u1ecd l\u1ea5y quy\u1ec1n s\u1edf h\u1eefu c\u00f4ng ty c\u1ee7a m\u00ecnh \u0111\u1ec3 \u0111\u1ed5i l\u1ea5y ti\u1ec1n m\u1eb7t. Th\u00f4ng th\u01b0\u1eddng m\u1ed9t doanh nghi\u1ec7p c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng ngu\u1ed3n t\u00e0i tr\u1ee3 b\u1eb1ng v\u1ed1n s\u1edf h\u1eefu v\u00e0i l\u1ea7n tr\u01b0\u1edbc khi \u0111\u1ebfn giai \u0111o\u1ea1n tr\u01b0\u1edfng th\u00e0nh.<\/p>\n<blockquote>\n<p><em><strong>\u201cEquity financing l\u00e0 m\u1ed9t ph\u01b0\u01a1ng th\u1ee9c huy \u0111\u1ed9ng v\u1ed1n m\u1edbi b\u1eb1ng c\u00e1ch b\u00e1n c\u1ed5 ph\u1ea7n c\u1ee7a c\u00f4ng ty. Nh\u1eefng ng\u01b0\u1eddi mua c\u1ed5 ph\u1ea7n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 c\u1ed5 \u0111\u00f4ng c\u1ee7a c\u00f4ng ty.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n<p>Li\u00ean quan \u0111\u1ebfn Equity Financing, c\u00f2n c\u00f3 thu\u1eadt ng\u1eef Equity Capital. V\u1eady Equity Capital l\u00e0 g\u00ec?<\/p>\n<p>Equity Capital c\u00f2n g\u1ecdi l\u00e0 v\u1ed1n c\u1ed5 ph\u1ea7n do c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u1ea3 cho doanh nghi\u1ec7p \u0111\u1ec3 \u0111\u1ed5i l\u1ea5y c\u1ed5 phi\u1ebfu ph\u1ed5 th\u00f4ng ho\u1eb7c c\u1ed5 phi\u1ebfu \u01b0u \u0111\u00e3i.<\/p>\n<p><strong>C\u00e1c h\u00ecnh th\u1ee9c Equity financing<\/strong><\/p>\n<p>C\u00f3 nhi\u1ec1u h\u00ecnh th\u1ee9c t\u00e0i tr\u1ee3 v\u1ed1n c\u1ed5 ph\u1ea7n kh\u00e1c nhau m\u00e0 m\u1ed7i h\u00ecnh th\u1ee9c cung c\u1ea5p c\u00e1c \u0111\u1eb7c quy\u1ec1n kh\u00e1c nhau cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 ch\u1ee7 s\u1edf h\u1eefu.<\/p>\n<p><strong>Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n<\/strong><\/p>\n<p>M\u1ed9t c\u00e1ch \u0111\u1ec3 huy \u0111\u1ed9ng ti\u1ec1n cho m\u1ed9t doanh nghi\u1ec7p l\u00e0 ti\u1ebfp c\u1eadn v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n. \u0110i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 bao g\u1ed3m b\u1ea1n b\u00e8, gia \u0111\u00ecnh v\u00e0 c\u00e1c \u0111\u1ed3ng nghi\u1ec7p kh\u00e1c c\u1ee7a b\u1ea1n. M\u1ed9t s\u1ed1 ch\u1ee7 doanh nghi\u1ec7p c\u1ea3m th\u1ea5y \u0111\u00e2y l\u00e0 h\u00ecnh th\u1ee9c t\u00e0i tr\u1ee3 v\u1ed1n c\u1ed5 ph\u1ea7n d\u1ec5 d\u00e0ng nh\u1ea5t v\u00ec \u0111\u00f3 l\u00e0 ng\u01b0\u1eddi m\u00e0 h\u1ecd c\u00f3 m\u1ed1i quan h\u1ec7 tr\u01b0\u1edbc \u0111\u00f3 v\u00e0 l\u00e0 ng\u01b0\u1eddi c\u00f3 nhi\u1ec1u kh\u1ea3 n\u0103ng quan t\u00e2m \u0111\u1ebfn vi\u1ec7c doanh nghi\u1ec7p th\u00e0nh c\u00f4ng.<\/p>\n<p>Tuy nhi\u00ean, vi\u1ec7c d\u1ef1a v\u00e0o c\u00e1c c\u00e1 nh\u00e2n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 c\u00f3 ngh\u0129a l\u00e0 b\u1ea1n s\u1ebd c\u1ea7n nhi\u1ec1u nh\u00e0 t\u00e0i tr\u1ee3 ri\u00eang l\u1ebb \u0111\u1ec3 t\u1ea1o ra t\u00e1c \u0111\u1ed9ng l\u1edbn. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n c\u00f3 th\u1ec3 c\u00f3 \u00edt ti\u1ec1n h\u01a1n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o doanh nghi\u1ec7p c\u1ee7a b\u1ea1n so v\u1edbi c\u00e1c nh\u00f3m \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m ho\u1eb7c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 thi\u00ean th\u1ea7n v\u00e0 c\u0169ng c\u00f3 th\u1ec3 c\u00f3 \u00edt kinh nghi\u1ec7m v\u00e0 m\u1ed1i quan h\u1ec7 h\u01a1n.<\/p>\n<p><strong>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m<\/strong><\/p>\n<p>M\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t c\u00e1 nh\u00e2n ho\u1eb7c m\u1ed9t c\u00f4ng ty \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m l\u1edbn. H\u1ecd th\u01b0\u1eddng c\u00f3 s\u1ed1 ti\u1ec1n l\u1edbn \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t doanh nghi\u1ec7p v\u00e0 quan t\u00e2m \u0111\u1ebfn vi\u1ec7c t\u00ecm ki\u1ebfm c\u00e1c c\u00f4ng ty c\u00f3 ti\u1ec1m n\u0103ng ph\u00e1t tri\u1ec3n c\u1ef1c k\u1ef3 cao.<\/p>\n<p>V\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m c\u00f3 th\u1ec3 \u0111\u1ea7u t\u01b0 s\u1ed1 ti\u1ec1n l\u1edbn h\u01a1n, h\u1ecd r\u1ea5t c\u00f3 th\u1ec3 s\u1ebd mong \u0111\u1ee3i c\u00f3 \u0111\u01b0\u1ee3c m\u1ed9t ph\u1ea7n quy\u1ec1n ki\u1ec3m so\u00e1t l\u1edbn h\u01a1n trong c\u00f4ng ty trong t\u01b0\u01a1ng lai v\u00e0 c\u00f3 th\u1ec3 ki\u1ec3m so\u00e1t \u0111\u00e1ng k\u1ec3 s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a c\u00f4ng ty b\u1ea1n \u0111\u1ec3 b\u1ea3o v\u1ec7 kho\u1ea3n \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd.<\/p>\n<p><strong>Nh\u00e0 \u0111\u1ea7u t\u01b0 thi\u00ean th\u1ea7n<\/strong><\/p>\n<p>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 thi\u00ean th\u1ea7n c\u0169ng c\u00f3 th\u1ec3 ho\u1ea1t \u0111\u1ed9ng nh\u01b0 m\u1ed9t c\u00e1 nh\u00e2n ho\u1eb7c m\u1ed9t nh\u00f3m l\u1edbn h\u01a1n. \u0110\u00e2y l\u00e0 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 kh\u1ea3 n\u0103ng \u0111\u1ea7u t\u01b0 m\u1ed9t s\u1ed1 ti\u1ec1n l\u1edbn v\u00e0o m\u1ed9t doanh nghi\u1ec7p v\u00e0 \u0111\u1eb7c bi\u1ec7t l\u00e0 h\u1ecd \u0111ang t\u00ecm c\u00e1ch \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t ng\u00e0nh m\u00e0 h\u1ecd quen thu\u1ed9c v\u00e0 c\u00f3 kinh nghi\u1ec7m l\u00e0m vi\u1ec7c.<\/p>\n<p>C\u00e1i t\u00ean \u201cnh\u00e0 \u0111\u1ea7u t\u01b0 thi\u00ean th\u1ea7n\u201d ph\u1ea3n \u00e1nh m\u1ed9t th\u1ef1c t\u1ebf r\u1eb1ng h\u1ecd kh\u00f4ng ch\u1ec9 c\u00f3 th\u1ec3 \u0111\u1ea7u t\u01b0 t\u00e0i ch\u00ednh l\u1edbn v\u00e0o doanh nghi\u1ec7p c\u1ee7a b\u1ea1n m\u00e0 c\u00f2n c\u00f3 th\u1ec3 cung c\u1ea5p nh\u1eefng h\u01b0\u1edbng d\u1eabn r\u1ea5t c\u00f3 gi\u00e1 tr\u1ecb. Th\u00f4ng th\u01b0\u1eddng, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 thi\u00ean th\u1ea7n quan t\u00e2m \u0111\u1ebfn vi\u1ec7c tham gia v\u1edbi c\u00e1c doanh nghi\u1ec7p trong giai \u0111o\u1ea1n \u0111\u1ea7u c\u1ee7a h\u1ecd v\u00e0 t\u0103ng c\u01b0\u1eddng gi\u00e1m s\u00e1t sau \u0111\u00f3.<\/p>\n<p><strong>Ch\u00e0o b\u00e1n c\u1ed5 phi\u1ebfu<\/strong><\/p>\n<p>M\u1ed9t s\u1ed1 doanh nghi\u1ec7p \u0111ang t\u00ecm c\u00e1ch nh\u1eadn t\u00e0i tr\u1ee3 v\u1ed1n c\u1ed5 ph\u1ea7n b\u1eb1ng c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 nh\u1ecf c\u00f3 th\u1ec3 ph\u00e1t h\u00e0nh v\u00e0 ni\u00eam y\u1ebft c\u1ed5 phi\u1ebfu. \u0110\u00e2y l\u00e0 c\u00e1ch hi\u1ec7u qu\u1ea3 \u0111\u1ec3 doanh nghi\u1ec7p huy \u0111\u1ed9ng v\u1ed1n c\u1ea7n thi\u1ebft nh\u1eb1m m\u1edf r\u1ed9ng quy m\u00f4 v\u1edbi l\u1ee3i \u00edch c\u1ed9ng th\u00eam t\u1eeb vi\u1ec7c giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n<h2><span id=\"Uu_va_nhuoc_diem_cua_Equity_financing_la_gi\"><strong>\u01afu v\u00e0 nh\u01b0\u1ee3c \u0111i\u1ec3m c\u1ee7a Equity financing l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p><strong>\u01afu \u0111i\u1ec3m<\/strong><\/p>\n<p>Kh\u00f4ng m\u1eafc n\u1ee3 \u2013 v\u1edbi equity financing, b\u1ea1n kh\u00f4ng ph\u1ea3i tr\u1ea3 n\u1ee3 cho c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0. Kh\u00f4ng c\u00f3 g\u00e1nh n\u1eb7ng n\u1ee3 n\u1ea7n c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t l\u1ee3i th\u1ebf l\u1edbn, \u0111\u1eb7c bi\u1ec7t l\u00e0 \u0111\u1ed1i v\u1edbi m\u1ed9t doanh nghi\u1ec7p nh\u1ecf m\u1edbi th\u00e0nh l\u1eadp.<\/p>\n<p>Th\u1eddi h\u1ea1n \u0111\u1ea7u t\u01b0 \u2013 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ed5 ph\u1ea7n c\u00f3 th\u1ec3 \u0111\u1ee3i m\u1ed9t th\u1eddi gian d\u00e0i h\u01a1n tr\u01b0\u1edbc khi thu \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn.<\/p>\n<p>Ho\u00e0n tr\u1ea3 \u2013 ti\u1ec1n \u0111\u01b0\u1ee3c ho\u00e0n tr\u1ea3 th\u00f4ng qua chi\u1ebfn l\u01b0\u1ee3c r\u00fat lui \u0111\u1ea7u t\u01b0, thay v\u00ec th\u00f4ng qua m\u1ed9t s\u1ed1 ti\u1ec1n x\u00e1c \u0111\u1ecbnh.<\/p>\n<p>Kinh nghi\u1ec7m kinh doanh v\u00e0 c\u00e1c m\u1ed1i quan h\u1ec7 \u2013 V\u1edbi equity financing, doanh nghi\u1ec7p c\u00f3 th\u1ec3 h\u00ecnh th\u00e0nh quan h\u1ec7 \u0111\u1ed1i t\u00e1c ch\u00ednh th\u1ee9c v\u1edbi c\u00e1c c\u00e1 nh\u00e2n c\u00f3 ki\u1ebfn th\u1ee9c nhi\u1ec1u h\u01a1n ho\u1eb7c c\u00f3 kinh nghi\u1ec7m. M\u1ed9t s\u1ed1 ng\u01b0\u1eddi c\u00f3 m\u1ed1i quan h\u1ec7 r\u1ed9ng, cho ph\u00e9p doanh nghi\u1ec7p c\u1ee7a b\u1ea1n c\u00f3 kh\u1ea3 n\u0103ng \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i t\u1eeb s\u1ef1 hi\u1ec3u bi\u1ebft v\u00e0 m\u1ea1ng l\u01b0\u1edbi kinh doanh c\u1ee7a h\u1ecd.<\/p>\n<p>T\u00e0i tr\u1ee3 ti\u1ebfp theo \u2013 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 th\u01b0\u1eddng s\u1eb5n s\u00e0ng cung c\u1ea5p th\u00eam v\u1ed1n khi doanh nghi\u1ec7p ph\u00e1t tri\u1ec3n v\u00e0 l\u1edbn m\u1ea1nh.<\/p>\n<p><strong>Nh\u01b0\u1ee3c \u0111i\u1ec3m<\/strong><\/p>\n<p>Chia s\u1ebb l\u1ee3i nhu\u1eadn \u2013 C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd mong \u0111\u1ee3i \u2013 v\u00e0 x\u1ee9ng \u0111\u00e1ng nh\u1eadn m\u1ed9t ph\u1ea7n c\u1ee7a l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p. Tuy nhi\u00ean, \u0111\u00e2y l\u00e0 m\u1ed9t s\u1ef1 \u0111\u00e1nh \u0111\u1ed5i \u0111\u00e1ng gi\u00e1 n\u1ebfu doanh nghi\u1ec7p \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i t\u1eeb gi\u00e1 tr\u1ecb m\u00e0 h\u1ecd mang l\u1ea1i v\u1edbi t\u01b0 c\u00e1ch l\u00e0 ng\u01b0\u1eddi \u1ee7ng h\u1ed9 t\u00e0i ch\u00ednh ho\u1eb7c kinh nghi\u1ec7m kinh doanh c\u1ee7a h\u1ecd.<\/p>\n<p>M\u1ea5t ki\u1ec3m so\u00e1t \u2013 Gi\u00e1 ph\u1ea3i tr\u1ea3 cho vi\u1ec7c b\u00e1n c\u1ed5 ph\u1ea7n v\u00e0 t\u1ea5t c\u1ea3 c\u00e1c l\u1ee3i th\u1ebf ti\u1ec1m n\u0103ng c\u1ee7a n\u00f3 l\u00e0 b\u1ea1n c\u1ea7n chia s\u1ebb quy\u1ec1n ki\u1ec3m so\u00e1t c\u1ee7a c\u00f4ng ty.<\/p>\n<p>Xung \u0111\u1ed9t ti\u1ec1m \u1ea9n \u2013 Chia s\u1ebb quy\u1ec1n s\u1edf h\u1eefu v\u00e0 ph\u1ea3i l\u00e0m vi\u1ec7c v\u1edbi nh\u1eefng ng\u01b0\u1eddi kh\u00e1c c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn m\u1ed9t s\u1ed1 c\u0103ng th\u1eb3ng v\u00e0 th\u1eadm ch\u00ed xung \u0111\u1ed9t n\u1ebfu c\u00f3 s\u1ef1 kh\u00e1c bi\u1ec7t v\u1ec1 t\u1ea7m nh\u00ecn, phong c\u00e1ch qu\u1ea3n l\u00fd v\u00e0 c\u00e1ch \u0111i\u1ec1u h\u00e0nh doanh nghi\u1ec7p. \u0110\u00e2y l\u00e0 v\u1ea5n \u0111\u1ec1 c\u1ea7n \u0111\u01b0\u1ee3c xem x\u00e9t m\u1ed9t c\u00e1ch c\u1ea9n th\u1eadn.<\/p>\n<h2><span id=\"Su_khac_nhau_giua_Debt_Financing_va_Equity_Financing_la_gi\"><strong>S\u1ef1 kh\u00e1c nhau gi\u1eefa Debt Financing v\u00e0 Equity Financing l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>B\u00ean c\u1ea1nh th\u00f4ng tin v\u1ec1 Equity financing l\u00e0 g\u00ec, ch\u00fang t\u00f4i c\u0169ng s\u1ebd \u0111\u1ec1 c\u1eadp \u0111\u1ebfn m\u1ed9t v\u1ea5n \u0111\u1ec1 kh\u00e1c m\u00e0 m\u1ecdi ng\u01b0\u1eddi c\u0169ng quan t\u00e2m. \u0110\u00f3 ch\u00ednh l\u00e0 s\u1ef1 nh\u1ea7m l\u1eabn gi\u1eefa Debt Financing v\u00e0 Equity Financing.<\/p>\n<p>V\u1edbi Equity, kho\u1ea3n ti\u1ec1n v\u1ed1n d\u1ef1a v\u00e0o y\u00eau c\u1ea7u thu nh\u1eadp \u0111\u01b0\u1ee3c cung c\u1ea5p b\u1edfi c\u00e1c c\u1ed5 \u0111\u00f4ng trong doanh nghi\u1ec7p th\u00f4ng qua \u0111i\u1ec1u ki\u1ec7n r\u1eb1ng c\u00f4ng ty s\u1ebd th\u1ef1c hi\u1ec7n t\u1ed1t k\u1ebf ho\u1ea1ch c\u1ee7a h\u1ecd, s\u1eed d\u1ee5ng v\u1ed1n k\u00eau g\u1ecdi m\u1ed9t c\u00e1ch hi\u1ec7u qu\u1ea3. C\u00f2n khi m\u1ed9t c\u00f4ng ty t\u0103ng v\u1ed1n b\u1eb1ng c\u00e1ch b\u00e1n c\u00e1c c\u00f4ng c\u1ee5 n\u1ee3 cho nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00ec m\u1edbi g\u1ecdi l\u00e0 t\u00e0i tr\u1ee3 b\u1eb1ng n\u1ee3, t\u1ee9c Debt Financing. L\u00fac n\u00e0y b\u00ean cho vay ti\u1ec1n s\u1ebd tr\u1edf th\u00e0nh ch\u1ee7 n\u1ee3 v\u00e0 nh\u1eadn \u0111\u01b0\u1ee3c ti\u1ec1n g\u1ed1c \u2013 ti\u1ec1n l\u00e3i theo th\u1ecfa thu\u1eadn ban \u0111\u1ea7u.<\/p>\n<p><strong>H\u00e3y tham kh\u1ea3o v\u00ed d\u1ee5 sau \u0111\u1ec3 h\u00ecnh dung v\u1ea5n \u0111\u1ec1 n\u00e0y:<\/strong><\/p>\n<p>Ch\u1eb3ng h\u1ea1n nh\u01b0 b\u1ea1n \u0111ang \u0111i\u1ec1u h\u00e0nh doanh nghi\u1ec7p A v\u00e0 c\u1ea7n 60.000 USD \u0111\u1ec3 th\u1ef1c hi\u1ec7n c\u00e1c m\u1ee5c \u0111\u00edch ph\u00e1t tri\u1ec3n. B\u1ea1n ho\u00e0n to\u00e0n c\u00f3 th\u1ec3 vay ng\u00e2n h\u00e0ng s\u1ed1 ti\u1ec1n n\u00e0y v\u1edbi l\u00e3i su\u1ea5t 10% ho\u1eb7c b\u00e1n 25% c\u1ed5 ph\u1ea7n cho ng\u01b0\u1eddi b\u1ea1n th\u00e2n, h\u00e0ng x\u00f3m th\u1eadm ch\u00ed l\u00e0 anh ch\u1ecb h\u1ecd c\u1ee7a m\u00ecnh,\u2026 v\u1edbi gi\u00e1 60.000 USD. Gi\u1ea3 s\u1eed doanh nghi\u1ec7p ki\u1ebfm \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn t\u1eeb ho\u1ea1t \u0111\u1ed9ng s\u1ea3n xu\u1ea5t trong n\u0103m ti\u1ebfp theo l\u00e0 30.000 USD th\u00ec:<\/p>\n<p>Tr\u01b0\u1eddng h\u1ee3p 1 \u2013 vay ng\u00e2n h\u00e0ng: chi ph\u00ed l\u00e3i vay 1 n\u0103m l\u00e0 10%, t\u1ee9c l\u00e0 chi ph\u00ed debt financing, \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c b\u1ea1n ph\u1ea3i chi ti\u1ec1n \u0111\u1ec3 tr\u1ea3 l\u1ea1i v\u1ed1n g\u1ed1c (c\u00f3 th\u1ec3 tr\u1ea3 1 ph\u1ea7n) \u0111\u00e3 vay ban \u0111\u1ea7u c\u1ed9ng v\u1edbi 6.000 USD \u0111\u1ec3 tr\u1ea3 l\u00e3i ng\u00e2n h\u00e0ng. T\u1ee9c l\u00e0 ch\u01b0a t\u00ednh ph\u1ea7n v\u1ed1n g\u1ed1c vay th\u00ec doanh nghi\u1ec7p A \u0111ang l\u00e3i 30.000 USD \u0111\u00e3 ph\u1ea3i t\u1ed1n 6.000 USD \u0111\u1ec3 tr\u1ea3 l\u00e3i v\u00e0 ch\u1ec9 c\u00f2n 24.000 USD.<\/p>\n<p>Tr\u01b0\u1eddng h\u1ee3p 2 \u2013 \u00e1p d\u1ee5ng equity financing b\u00e1n c\u1ed5 ph\u1ea7n cho ng\u01b0\u1eddi th\u00e2n: l\u00fac n\u00e0y doanh nghi\u1ec7p A c\u1ee7a b\u1ea1n s\u1ebd kh\u00f4ng c\u00f3 n\u1ee3, kh\u00f4ng ph\u1ea3i tr\u1ea3 chi ph\u00ed l\u00e3i ng\u00e2n h\u00e0ng nh\u01b0ng b\u1ea1n ch\u1ec9 gi\u1eef l\u1ea1i \u0111\u01b0\u1ee3c 75% l\u1ee3i nhu\u1eadn v\u00ec 25% c\u00f2n l\u1ea1i thu\u1ed9c v\u1ec1 s\u1edf h\u1eefu c\u1ee7a ng\u01b0\u1eddi th\u00e2n theo v\u00ed d\u1ee5 n\u00eau tr\u00ean. Do v\u1eady, l\u1ee3i nhu\u1eadn c\u00e1 nh\u00e2n c\u1ee7a doanh nghi\u1ec7p A ch\u1ec9 l\u00e0 22.500 USD (t\u1ee9c 75% x 30.000 USD).<\/p>\n<h2><span id=\"Equity_financing_va_Debt_Financing_Cai_nao_tot_hon\"><strong>Equity financing v\u00e0 Debt Financing: C\u00e1i n\u00e0o t\u1ed1t h\u01a1n?<\/strong><\/span><\/h2>\n<p>C\u00e2u tr\u1ea3 l\u1eddi \u0111\u01a1n gi\u1ea3n l\u00e0 n\u00f3 ph\u1ee5 thu\u1ed9c v\u00e0o c\u00e1c y\u1ebfu t\u1ed1 nh\u01b0 t\u00ecnh h\u00ecnh kinh t\u1ebf hi\u1ec7n t\u1ea1i, c\u1ea5u tr\u00fac v\u1ed1n hi\u1ec7n c\u00f3 c\u1ee7a doanh nghi\u1ec7p v\u00e0 giai \u0111o\u1ea1n v\u00f2ng \u0111\u1eddi c\u1ee7a doanh nghi\u1ec7p.<\/p>\n<p>Nh\u00ecn chung, Equity Financing \u2013 t\u00e0i tr\u1ee3 b\u1eb1ng v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu \u0111\u01b0\u1ee3c xem l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c ph\u1ed5 bi\u1ebfn hi\u1ec7n nay v\u00ec n\u00f3 c\u00f3 th\u1ec3 gi\u00fap doanh nghi\u1ec7p v\u01b0\u1ee3t qua c\u00e1c v\u1ea5n \u0111\u1ec1 n\u1ed9i t\u1ea1i b\u1eb1ng ngu\u1ed3n ti\u1ec1n t\u1eeb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 thay v\u00ec vay v\u1ed1n ng\u00e2n h\u00e0ng.<\/p>\n<p>Tuy nhi\u00ean, ch\u1ee7 doanh nghi\u1ec7p c\u0169ng n\u00ean c\u00e2n nh\u1eafc \u0111\u1ebfn nh\u1eefng tr\u01b0\u1eddng h\u1ee3p r\u1ee7i ro c\u00f3 th\u1ec3 x\u1ea3y ra n\u1ebfu nh\u01b0 l\u1ef1a ch\u1ecdn ph\u01b0\u01a1ng ph\u00e1p n\u00e0y. Hy v\u1ecdng b\u00e0i vi\u1ebft v\u1ec1 Equity Financing l\u00e0 g\u00ec tr\u00ean \u0111\u00e2y c\u00f3 th\u1ec3 gi\u00fap m\u1ecdi ng\u01b0\u1eddi h\u00ecnh dung kh\u00e1i qu\u00e1t c\u00e1c th\u00f4ng tin v\u1ec1 ch\u1ee7 \u0111\u1ec1 n\u00e0y.<\/p>\n<p style=\"text-align: right;\"><strong>Pha L\u00ea<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Equity Financing l\u00e0 g\u00ec? \u0110\u00e2y l\u00e0 thu\u1eadt ng\u1eef c\u00f3 \u00fd ngh\u0129a T\u00e0i tr\u1ee3 b\u1eb1ng v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu. Equity Financing th\u01b0\u1eddng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng khi m\u1ed9t s\u1ed1 c\u00f4ng ty c\u00f3 nhu c\u1ea7u vay v\u1ed1n ng\u1eafn h\u1ea1n ho\u1eb7c d\u00e0i h\u1ea1n. V\u00ec v\u1eady n\u00f3 c\u00f2n \u0111\u01b0\u1ee3c hi\u1ec3u l\u00e0 qu\u00e1 tr\u00ecnh huy \u0111\u1ed9ng v\u1ed1n th\u00f4ng qua vi\u1ec7c b\u00e1n [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[429],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21468"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=21468"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21468\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=21468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=21468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=21468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}