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After failing to obtain a bank loan an entrepreneur starts through subscriptions and partner capital. Which myth does this disprove?

Answer and explanation

Correct answer: A bank loan is the only valid source of start-up finance

Several suitable financing sources may exist depending on the business. In exams distinguish one source from the only source.

Related tags

Loan MythSubscriptionPartner CapitalStartup FinanceMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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