Financial bootstrapping maximizes the need for financial capital.

Name: Financial bootstrapping maximizes the need for financial capital.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Financial bootstrapping is a method of starting and growing a business without external funding or investment, which means that it minimizes the need for financial capital. The focus is on using personal savings, revenue from sales, and creative strategies to sustain and grow the business.

Financial Bootstrapping Maximizes the Need for Financial Capital