Before Accepting Money from a Business Angel,the Entrepreneur Should

question 48

Multiple Choice

Before accepting money from a business angel,the entrepreneur should:

• A)first make application for a bank loan.
• B)use all available personal assets to finance the new venture.
• C)request a loan from the angel instead of investment to prevent having to give up control.
• D)make sure the business angel is accredited.

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Definitions:

Psychological Capacities

The potential an individual has to perform mental activities, which can include thinking, reasoning, and understanding.

Performance Improvement

The process of analyzing and enhancing organizational or individual performance through various strategies and interventions.

Positively Oriented

Having an optimistic outlook or approach towards life and its challenges.

Psychological Capacities

The mental abilities and processes that contribute to an individual's cognitive functioning and emotional well-being.