Small business owners sometimes use personal credit cards to:
A) pay employees.
B) repay bank borrowing.
C) control interest expense.
D) finance the start-up phase.
Correct Answer:
Verified
Q8: Financing difficulties of small business are often:
A)
Q9: When an entrepreneur solicits small investments and/or
Q10: "Burn rate" refers to:
A) the frequency with
Q11: The start-up phase financing period will generally
Q12: A disadvantage of equity financing is:
A) the
Q14: Capital requirements = Start-up costs plus Operating
Q15: Development financing is often provided by:
A) provincial
Q16: A personal net worth and capability statement:
A)
Q17: The type of financing sought is likely
Q18: Choosing a particular lender may be most
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