ENTREPRENEURIAL FINANCE
SOURCES OF FUNDING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
True or false-crowdfunding is usually only used for new business start-ups/concepts and is therefore inappropriate for existing large, profitable businesses
|
|
True
|
|
|
False
|
|
|
Either A or B
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -Fixed assets are not a source of finance for a company.
Detailed explanation-2: -Best Common Sources of Financing Your Business or Startup are: Personal Investment or Personal Savings. Venture Capital. Business Angels.
Detailed explanation-3: -Answer with explanation: The correct answer is option a. Venture capital funds were primarily used for financing during the early years of e-commerce. Venture capital is defined as the money invested in small businesses.
There is 1 question to complete.