what is bootstrapping in business?\nraising large amounts of capital from venture capitalists\nutilizing…
what is bootstrapping in business?\nraising large amounts of capital from venture capitalists\nutilizing advanced technology to start a business\nusing low - cost or free techniques to minimize the cost of doing business\nborrowing money from banks to start a business
Answer
Brief Explanations:
Bootstrapping in business refers to starting and growing a business with little or no external - sourced capital. It involves using low - cost or free techniques to minimize business costs, relying on personal savings, revenue from early sales, and creative cost - cutting measures instead of large external investments.
Answer:
C. Using low - cost or free techniques to minimize the cost of doing business