Miguel is a wealthy person who focuses on investing in new ventures. He is looking to invest money directly into a new consulting business in return for equity in the company. Michael is an example of a(n) _____.

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Miguel is looking to invest money directly into a new consulting business in return for equity in the company. This describes an angel investor, who provides financial backing for small startups or entrepreneurs in exchange for ownership equity or convertible debt. A franchisor is the owner of a franchise system, a stockbroker assists clients in buying and selling stocks, and a franchisee is a person who purchases the right to operate a business using the trademark, products, and business model of a franchisor.

Miguel Is a Wealthy Person Who Focuses on Investing in New