When attempting to secure financing for a startup venture from a bank, an entrepreneur should__________.
A) be prepared to sign a personal guarantee or pledge personal assets against the loan
B) consider the loan application to be an opportunity to prove the viability of their business idea
C) be prepared, professional, positive, and patient
D) be prepared to "shop around" for the best deal available
E) All of the answers are correct.
Correct Answer:
Verified
Q91: An article discussed in the text entitled,
Q92: A "commitment fee"is used in arranging for
Q93: When the business itself does not have
Q94: The biggest difference between venture capital markets
Q95: Which of the following statements best sums
Q97: The Business Development Centre (BDC) offers Canadian
Q98: When evaluating proposals for financing from entrepreneurs,
Q99: The Export Development Centre (EDC) offers which
Q100: The focus of the Export Development Centre
Q101: To an entrepreneur, non-monetary costs of using
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