ENTREPRENEURIAL FINANCE
SOURCES OF FUNDING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Expansion and growth
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Start-up
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Either A or B
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None of the above
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Detailed explanation-1: -Using your own money to finance your business may put a strain on your family and personal life. You may not have enough money left over to cover your living costs. You should try to leave a contingency fund, in case you need extra money to see you through a difficult period.
Detailed explanation-2: -A shortage of cash. You may need to borrow money to buy new premises or equipment to expand. Increased capital requirements. Loss of control. Compromised productivity and quality due to lack of resources. 18-Aug-2021
Detailed explanation-3: -Fund Your Business. If you are thinking of a startup, consider leveraging OPM to initiate your business growth and position in the market. Consider Business Merger. Real Estate Investment. Silent Partners. Crowdfunding. Business or Personal Credit Cards. Grants and Awards. Investor Control. More items •04-Feb-2022