What Is the Most Common Way That Entrepreneurs Finance the Start-Up

question 64

Multiple Choice

What is the most common way that entrepreneurs finance the start-up of a new business?

• A) Self-financing from savings or credit cards
• B) Loans from friends, family, or business associates
• C) Bank loans
• D) Lines of credit
• E) Venture capital

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Definitions:

Interpreting

Interpreting is the process of translating spoken or signed language into another language, facilitating communication between parties who do not share a common language.

Small Tolerances

Specifications that allow for very limited variations in size, weight, or other dimensions in manufacturing or engineering.

Produce

To create, manufacture, or cultivate goods, products, or crops.

Measure

A quantitative or qualitative assessment tool used for determining the size, amount, or degree of an object or phenomenon.