_____ is money from selling part of your business to people who are not and will not be involved in the management of the business.

Question

Quizplus · Accepted Answer

Outside equity refers to money obtained by selling a portion of a business to investors who are not involved in the management of the company. These investors would be considered shareholders and may receive a portion of the company's profits through dividend payments. This is different from debt, which involves borrowing money that must be repaid with interest, and a gift, which involves receiving money or assets without any expectation of repayment or equity ownership. Tax abatement refers to a reduction in taxes owed, which is not relevant to the question.

_____ Is Money from Selling Part of Your Business to People