View the step-by-step solution to:

Discuess reason why an entrepreneur would use his/her own money to finance business. Then discuss reasons why an entrepreneur would use other peoples...

Discuess reason why an entrepreneur would use his/her own money to finance business. Then discuss reasons why an entrepreneur would use other peoples money.

How can the nature of a small business affect its sources of fiancing. Give examples to illustrate your points.
Sign up to view the entire interaction

Top Answer

Here is a detailed explanation... View the full answer

8418190.docx

Majority of the entrepreneur uses his own money, to finance his business than, to reduce the
fixed cost of the company as they does not need to pay regular interest to banks. It has good
effect on...

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online