BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Detailed explanation-1: -Financing Entrepreneurial Business. Sources of Financing for small business or startup can be divided into two parts: Equity Financing and Debt Financing. Some common source of financing business is Personal investment, business angels, assistant of government, commercial bank loans, financial bootstrapping, buyouts.
Detailed explanation-2: -Depending on the industry and aspirations of the entrepreneur(s) they may need to attract money to fully commercialize their concepts. Thus they must find investors – such as their friends and family, a bank, an angel investor, a venture capital fund, a public stock offering or some other source of financing.
Detailed explanation-3: -When an entrepreneur takes a decision to start business, the need of fund arises in order to meet the expenses of establishment of business, finance is required for purchasing fixed and current assets for day-to-day operations, purchase of raw material, to pay salaries etc.
Detailed explanation-4: -Fixed capital requirements and working capital requirement.