Most entrepreneurs have little trouble finding adequate financing during their start-up year because the small size of their new firms means that financial needs are minimal.

Question

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Although some entrepreneurs may have low financial needs in their start-up year, many others require significant financial support to get their business off the ground. This can include investments in equipment, inventory, marketing, and more. Finding financing can be a challenge for many start-ups, especially those without a proven track record or established credit history.

Most Entrepreneurs Have Little Trouble Finding Adequate Financing During Their