Answer:
Best source of financing are Personal Investment, Angels, Crowdfunding and Banks.
Explanation:
There are many sources of funding available for the entrepreneur to avail when wanting to work independently. These are mentioned below:
<u>Personal Investment</u>
The first best source is funding it yourself if you have any savings or might be working in an organisation and have just received a handsome bonus that you might be able to invest in. One of the main advantage of this type of financing is that it sends a positive image to the external financiers, that the person wanting to work as an entrepreneur is willing to take risks.
<u>Angels</u>
These are experienced entrepreneurs who have some additional income and are willing to invest in new or small organisations. Sometimes the investment through an angel starts at low level investment and is then taken to a higher amount after some confidence has been built on the entrepreneur's business growth.
<u>Crowdfunding</u>
This type of method for financing is preformed via online where one person provides an investment opportunity to large group of people to invest in small amounts to meet the entrepreneur's needs. This can be either in form of loan or donations.
<u>Bank Financing</u>
Another good source for funding, however, in comparison to the above mentioned financing sources this type is more risk averse. This means that banks intend to provide financing to companies/businesses with low risk profiles. However, it does not conclude that they might not be willing to provide the required financing.
One of the ways in which young entrepreneurs can have access to low cost distribution is helped by the use of App stores.
<h3>What is Low-Cost Distribution?</h3>
This refers to the business strategy where a business tries to offer a low pricing in order to ensure that they remain competitive.
With this in mind, we can see that to facilitate market distribution, there has been the use of app stores to ensure that young entrepreneurs are successful with their low cost distribution.
Read more about low cost distribution here:
brainly.com/question/25824209
Answer:
II only;
An employee's compensation, which consists of a flat salary plus a commission is an example of mixed cost.
The benefits that a business brings to the community are:
<h3>Benefits of businesses</h3>
Businesses provide goods and services to the community that they are located in. This improves the welfare of that community as they would be able to consume more goods and services.
The business will also need to hire people from the community to work which means that it provides employment as well.
Find out more on businesses at brainly.com/question/14023701.