A highly possible source of funding for a start-up and early business is: Select one: a. A) Venture capital and Private Placement. b. B) Personal savings and retained earnings. c. C) Personal savings and partners. d. D) IPO and Regulation A
A highly possible source of funding for a start-up and early business is Personal savings and retained earnings.
Therefore correct answer is option B) Personal savings and retained earnings
A highly possible source of funding for a start-up is the personal savings of founders of business and for early business it is personal savings of owners and retained earnings of businesses. The others sources of funding like venture capital and private placement or initial public offerings (IPO) are relatively costly and difficult source of funding for a start-up and early business.
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