Which of the following can be used to finance a small business?
A)using one's own savings
B)cash generated from current sales
C)borrowing from other individuals
D)borrowing money from financial institutions
E)all of the above

Question

Quizplus · Accepted Answer

All of the options listed can be used to finance a small business. Using one's own savings and cash generated from current sales are forms of equity financing, while borrowing from other individuals and financial institutions are forms of debt financing. It is common for small businesses to utilize a combination of these financing options to obtain the necessary capital.

Which of the Following Can Be Used to Finance a Small