ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurships are primarily funded by
A
banks and loans
B
personal savings and family investments
C
the Small Business Administration
D
venture capitalists
Explanation: 

Detailed explanation-1: -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: -Basically this refers to any funds that you borrow, receive or have as an individual in your own name and not under the business. An individual may decide to self-fund their own start-up using their savings, and on the positive side, it means that there isn’t any additional cost involved.

Detailed explanation-3: -An angel investor (also known as a private investor, seed investor or angel funder) is a high-net-worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company.

Detailed explanation-4: -Invest in Yourself. We all invest our time and money in people and things. Invest in Your Business. Invest in Tax Strategy. Invest in Real Estate. Invest in Life Insurance. Invest in Private Debt. Invest in Other Companies. Invest in Stocks. 08-Oct-2020

There is 1 question to complete.