Mabel has a business idea of starting a store that would only sell hair products. Although she needs to raise capital to start her business, she does not want to share the ownership of her firm with anyone else. With a good appetite for risk, which of the following financing resources would be most ideal for her to start her business?

Question

Quizplus · Accepted Answer

Using personal credit cards allows Mabel to maintain full ownership of her business while accessing the necessary capital, aligning with her desire not to share ownership.

Mabel Has a Business Idea of Starting a Store That