Bus 521 Week 9 Assignment 4
Entrepreneurship and Innovation
March 02, 2011
Question: Discuss the sources of funding of the new venture and the rationale for using each source.
The securing of funding for a new venture is perhaps the most difficult part of the venture start-up process (Hisrich, Peters, & Shepherd, 2010). The sources of funding for a new venture entry may be varied in such forms as Self, Family and Friends, Suppliers and trade credit, Commercial banks, Government Loan programs, R&D limited partnerships
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