A general rule of thumb when examining the initial equity needs of a new venture is to base it on equity investments competitors have made into their businesses.

Question

Quizplus · Accepted Answer

The initial equity needs of a new venture should be based on the specific needs and goals of that venture, not the investments of competitors. Each venture is unique and requires a tailored approach to determining its initial equity needs.

A General Rule of Thumb When Examining the Initial Equity