English, asked by sujaysuji89, 1 month ago

it be possible to arrange to arrange extre funds​

Answers

Answered by pandasoumitra2011
1

Answer:

One of the easiest and surest ways of starting up and being an entrepreneur is to invest your own money in the business. Your own money has no strings attached to it and you can pretty much do what you want to. A business can be self funded through personal savings, but it does have some limitations. You may not have the optimum amount of money needed to start the business and the risk of using your savings to fund a business that may or may not work is always risky.

Bootstrapped: When a business is generally self funded, the entrepreneur may choose to bootstrap. This happens when the entrepreneur uses the cash generated by the business to keep it running and also grow the business. This is an ideal way to run a business, since the entrepreneur keeps complete control of the company and in fact does not have to pay any additional amount as interest that comes with every loan that one takes. On the flip side is the fact that money is again limited and growth for the business may be slow. Also, during economic uncertainty, cash flow may dry up and may make it difficult to run the business.

Hope it helps

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