Steven is a polymer scientist with the motivation and expertise needed to start his own business. If he chooses to finance his b

Question

3 years ago

7

Steven is a polymer scientist with the motivation and expertise needed to start his own business. If he chooses to finance his b

usiness in the same way that most new businesspeople finance theirs, he will: a. rely on personal resources. b. borrow money from a lender. c. approach a venture capital company. d. form a strategic alliance

Social Studies

1 answer:

Nadusha1986 [10] · Answer 1 · 2022-02-04T08:51:28+03:00

Answer:

a. rely on personal resources.

Explanation:

According to my research on different entrepreneurial strategies, I can say that based on the information provided within the question most people that decide to start their own business usually finance it by relying on personal resources. These individuals use money that has been saved to finance their business as well as using materials and already acquired spaces to use for their business in order to cut down on costs.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.