Loans from family and friends are the most important source of funds for any new business.

Name: Loans from family and friends are the most important source of funds for any new business.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

While loans from family and friends can be a significant source of funding for some new businesses, they are not universally the most important source. Many businesses rely on a variety of funding sources including personal savings, bank loans, venture capital, and government grants.

Loans from Family and Friends Are the Most Important Source