ENTREPRENEURIAL FINANCE
SOURCES OF FUNDING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Case study:the Business Incubator team ‘TradeTools’-an online platform connecting neighbors who want to rent tools with neighbours that own them. They will pitch their business concept in May-what would be the most appropriate source of finance for this new, untested idea?
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Angel Investor
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Bank loan
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Personal savings
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Credit cards
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Explanation:
Detailed explanation-1: -What is often a positive result of accepting responsibility for a poor decision? You reinforce skeptical attitudes.
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