All of the following are common methods of financing a new business except _____.
A)personal savings
B)initial public offering
C)borrow from family and friends
D)bank loans

Question

Quizplus · Accepted Answer

Initial Public Offerings (IPOs) are not a common method for financing a new business. IPOs involve selling a portion of the business to the public in the stock market, which is typically a step taken by more established companies looking to expand further, not by new businesses just starting out. New businesses are more likely to rely on personal savings, loans from family and friends, and bank loans for initial financing.

All of the Following Are Common Methods of Financing a New