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If a Start-Up Company Cannot Get a Loan and Does

question 72

Essay

If a start-up company cannot get a loan and does not want to use venture capital,what is another method it could try for raising equity?


Definitions:

Opportunity

A situation or condition favorable for the attainment of a goal.

Establishing Responsibility

The creation of clear roles and duties within an organization to ensure accountability and improve efficiency.

Independent Internal Verification

A control mechanism where the transactions and activities are verified by staff members who are not directly involved in those transactions or activities.

Authorization

The approval or permission granted to an individual or entity to perform a specific action or access certain resources.

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