The most common source of equity funds used to start a small business is:
A)private investors or "angels."
B)loans from commercial banks.
C)the entrepreneur's pool of personal savings.
D)public stock issues.

Question

Quizplus · Accepted Answer

The most common source of equity funds used to start a small business is the entrepreneur's pool of personal savings. This is often referred to as "bootstrapping" and can involve using savings, credit cards, or home equity loans to finance the business. Private investors or "angels" and public stock issues are less common sources of funding for small businesses, while loans from commercial banks are typically considered debt financing rather than equity financing.

The Most Common Source of Equity Funds Used to Start