Entrepreneurs must rely on capital generated from their ongoing operations or ________ and debt capital provided by banks.
A) initial public offering
B) retained earnings
C) venture capital firms
D) operating budgets

Question

Quizplus · Accepted Answer

Entrepreneurs can rely on capital generated from their ongoing operations, known as retained earnings, as well as debt capital provided by banks. Initial public offerings and venture capital firms may be options for raising capital, but they are not always feasible or appropriate for all businesses. Operating budgets are a tool for managing expenses and revenue, but do not provide additional capital.

Entrepreneurs Must Rely on Capital Generated from Their Ongoing Operations