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NemiM [27]
3 years ago
15

Robert wants to start an independent recording studio. In order to finance his start-up, Robert seeks help from Esther, a succes

sful business magnate. Esther agrees to fund Robert's venture as long as she receives a 20% share of the profits made by Robert. In the given scenario, Robert receives the financial resources to start his business:
Business
1 answer:
Igoryamba3 years ago
8 0

Answer:

from an angel investor

Explanation:

Based on this information it can be said that Robert receives the financial resources to start his business from an angel investor. An angel investor is an individual that has a large amount of money and decides to provide financial backing to a specific small startup business or entrepreneur in order for them to get their vision up and running, in exchange for a percentage of the company. In this specific scenario the Angel Investor was Esther, who supplied Robert with the resources necessary in exchange for a 20% cut of the business.

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