According to the textbook, personal savings are the most likely source of financing for most start-ups.

Name: According to the textbook, personal savings are the most likely source of financing for most start-ups.
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

Personal savings are often the most accessible and least costly source of funding for entrepreneurs starting a new business, as they do not require interest payments or relinquishing control to external investors.

According to the Textbook, Personal Savings Are the Most Likely