question 6 who provides the start - up financing for the majority of new small businesses? o the business…

question 6 who provides the start - up financing for the majority of new small businesses? o the business owner and his or her family and friends o the small business administration (sba) o the local bank o venture capitalists o finance companies

question 6 who provides the start - up financing for the majority of new small businesses? o the business owner and his or her family and friends o the small business administration (sba) o the local bank o venture capitalists o finance companies

Answer

Brief Explanations:

The business owner and their family and friends are often the main source of start - up financing for new small businesses as they are more likely to take risks and believe in the business idea at the early stage. Finance companies, venture capitalists, local banks, and the SBA are more cautious and may require more established business plans, credit history, etc. before providing significant financing.

Answer:

the business owner and his or her family and friends