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QUESTION IMAGE

which of the following statements regarding self - funding a business i…

Question

which of the following statements regarding self - funding a business is false?
self - funding is the best way to start a business
entrepreneurs who self - fund risk losing personal money with the investment
it is important to keep personal and business finances separate when self - funding a business
owners can start to recoup their investment once the business starts to make a profit
which of the following is not one of the five most common ways to finance a business with a larger investment?
crowdfunding
private equity
venture capital
shark cage

Explanation:

Brief Explanations
  1. For the first question, self - funding is not always the best way to start a business as it has limitations like limited capital and personal financial risk. Entrepreneurs risk personal money, separating finances is important, and they can recoup once profitable.
  2. For the second question, crowdfunding, private equity, and venture capital are common ways to finance a business with large investment. "Shark cage" is not a recognized business - financing method.

Answer:

  1. Self - funding is the best way to start a business
  2. Shark cage