List and describe three sources of funding for businesses
What will be an ideal response?
Three sources of funding are: personal finances, angel investors, and venture capitalists. Personal sources include cash of one's own or an equity loan on valuable possessions. Angel investors are wealthy individuals who provide capital for businesses in exchange for some level of ownership. Venture capitalists are professional money managers who invest their client's money in promising new businesses in exchange for partial ownership and a high return on the investment.
You might also like to view...
When upset with someone or something at the workplace, the best place to vent your frustrations is where?
A) In an anonymous email B) On your Twitter feed C) On the corporate blog D) At home E) At after work social setting
When MPR professionals offer a story to the media that is newsworthy, this means all of the following EXCEPT that
A) they have something worth covering. B) the story is objective and therefore interesting. C) the medium has an ulterior motive for publishing it. D) it tends to drive audiences to the medium covering the story. E) the story idea contains certain themes that hook audiences.