Questions
What is the advantage of trade credit?
Better cash flow
What is trade credit?
Agreement to pay business later in around 30 to 90 days
State one drawback to an entrepreneur of accepting finance from either a venture capitalist or a business angel.
- Not easy to obtain
- Lose full control of Business
- some loss of ownership
What is the advantage of leasing?
Gives business full use of an asset without need to finance purchase
What information is a business angel likely to request before investing in a new business?
A solid and detailed business plan,