BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Family and friends are NOT a common source of capital for a new venture particularly
A
TRUE
B
FALSE
Explanation: 

Detailed explanation-1: -You might have heard of this as the “friends and family round”. Raising capital means getting funding from others that would help your business grow. You can raise capital from friends and family through two main ways – debt or equity.

Detailed explanation-2: -The most essential trends are economic trends, social trends, technological advances, and political action and regulatory changes. Changes in these areas often provide the impetus for new business ideas.

Detailed explanation-3: -Loans. Loans are the most commonly used source of funding for small and medium sized businesses. Consider the fact that all lenders offer different advantages, whether it’s personalized service or customized repayment. It’s a good idea to shop around and find the lender that meets your specific needs.

Detailed explanation-4: -Venture capital generally comes from well-off investors, investment banks, and any other financial institutions. However, it does not always take a monetary form; it can also be provided in the form of technical or managerial expertise.

There is 1 question to complete.