The major source(s) of outside financing for an entrepreneurial start-up are ___.

Question

Quizplus · Accepted Answer

The major sources of outside financing for an entrepreneurial start-up are debt financing and equity financing. Debt financing involves obtaining a loan or credit from a bank or other financial institution, while equity financing involves selling a portion of the company's ownership to investors in exchange for capital. Governmental grants and foundation grants may be available for some start-ups, but they are not typically considered major sources of financing. Therefore, option D and E are incorrect.

The Major Source(s) of Outside Financing for an Entrepreneurial Start-Up