Multiple Choice
Jennifer has a patent for her software and feels the potential for profits is very high given the current market.Even though she is a one-person business at start-up she is confident she will be able to secure financing.What else does Jennifer need to know to determine how her business will financed?
A) sales of her closest competition
B) preference for debt or equity
C) demographics of her target market
D) projected salaries of the company's executives
Correct Answer:

Verified
Correct Answer:
Verified
Q79: Explain how an equipment loan works.
Q80: Carrie must provide monthly financial statements to
Q81: The owner of a newsprint business would
Q82: Discuss three downsides to venture capital (VC)investment.
Q83: A borrower will pay less with an
Q85: Business angels form investment groups that invest
Q86: The BDC is a provincial government organization
Q87: Younger and smaller companies have more access
Q88: An entrepreneur at start-up when cash flow
Q89: After being turned down from the banks