Karen is planning to launch her first business.She will most likely acquire her initial financing from:

Question

Quizplus · Accepted Answer

Personal savings is the most likely and common source of initial financing for a first-time entrepreneur who is just starting a business. Venture capitalists usually invest in established businesses with a proven track record, while wealthy individuals may not be willing to take the risk of investing in a new and unproven venture. The securities market is also not a common source of financing for a startup business.

Karen Is Planning to Launch Her First Business