Outside capital should be sought only after all possible internal sources of funds have been explored.

Question

Quizplus · Accepted Answer

It is generally recommended to explore all possible internal sources of funds, such as retained earnings or debt, before seeking outside capital. This is because outside capital, such as equity investments or loans, often come with additional costs and obligations that can burden the company. Therefore, it is important to weigh the costs and benefits of both internal and external sources of funding before making a decision.

Outside Capital Should Be Sought Only After All Possible Internal