A(n)________ offers the company expertise that a new business owner does not possess in exchange for a share in its profits and liabilities.

Question

Quizplus · Accepted Answer

A partner typically brings expertise and resources to a business venture in exchange for a share of profits and liabilities. An angel investor typically provides funding in exchange for equity or convertible debt, whereas an advisory board offers guidance and suggestions but does not have a financial stake in the company. A stockholder owns shares in a company but does not necessarily provide expertise or guidance. A mentor provides guidance and advice but does not have a financial stake in the company.

A(n)________ Offers the Company Expertise That a New Business Owner