What is the name given to the process of building a business with very little funding?
A)seed startup
B)bootstrapping
C)zero funding
D)skeleton funding

Question

Quizplus · Accepted Answer

Bootstrapping is the name given to the process of building a business with very little funding. It involves the entrepreneur using their own personal resources, such as savings or borrowing from family and friends, to start and grow the business. This approach allows the entrepreneur to maintain control of the business and avoid taking on excessive debt or giving up equity too early. The other options, such as seed startup or zero funding, are not commonly used terms and do not accurately describe the process of bootstrapping. Skeleton funding may be a term used in certain contexts, but it is not commonly associated with building a business with limited resources.

What Is the Name Given to the Process of Building