Starting a business with _____ is by far the most common start-up financing venture.
a. capital bonds and equity
b. personal and family funds
c. bank loans
Sources of Finances:
There are various sources an individual can source funds to finances its operations. The source of finance that an individual opts will depend on the availability of funds, cost of funds,and the amount required.
Answer and Explanation:
The correct answer is (b) personal and family funds
Personal and family funds are the main sources of finances when starting a company since many individuals are not able to secure a loan from financial institutions due to lack of collateral.
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Learn more about this topic:
from Corporate Finance: Help & ReviewChapter 8 / Lesson 7