The major advantage of borrowing money from friends or family to start a business is ________.
A) they will be aware of all credit problems that might affect financing
B) they will not expect to be repaid
C) they will not usually expect a high rate of return on their investment
D) they will ensure that you do not overestimate your initial funding needs
Correct Answer:
Verified
Q67: A system thinker is someone who focuses
Q75: To qualify for Small Business Administration programs
Q78: Which of the following statements about small
Q79: An advisory board is composed of _.
A)a
Q80: Gary Smith, owner of a small business
Q82: When a wealthy individual invests his or
Q86: Small business owners interested in venture capital
Q87: _ are venture capital firms licensed by
Q88: Janet planned to purchase a McDonald's franchise.
Q94: In the United States,small businesses hire a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents