An option for acquiring equity capital is for the entrepreneur to take on partner(s); however, it is important that he consider the impact of giving up some personal control over operations and of sharing profits with others.

Question

Quizplus · Accepted Answer

Taking on partners in order to acquire equity capital means sharing control and profits with others, which can impact the entrepreneur's decision-making power and financial returns. It is important to carefully weigh the benefits and drawbacks of bringing on partners before making such a decision.

An Option for Acquiring Equity Capital Is for the Entrepreneur