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In the early stages of beginning a new business, entrepreneurs frequently appeal for financing to __________. A.banks B.financial markets C.friends and family D. all of the abov…

In the early stages of beginning a new business, entrepreneurs frequently appeal for financing to __________. A.banks B.financial markets C.friends and family D. all of the abov…
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In the early stages of beginning a new business, entrepreneurs frequently appeal for financing to __________.

A.banks


B.financial markets


C.friends and family


D. all of the above

asked
User Mark Jones
by
8.3k points

1 Answer

3 votes
C. Friends and Family

Most banks or financial markets aren't going to finance a new business. They would be at risk of losing their money and not getting it back. Friends and family are more willing to give money because they have faith in the entrepreneur.
answered
User Rohit Choudhary
by
9.0k points
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