How does company size and maturity affect access to financing?
What will be an ideal response?
Larger and older firms have access to bank credit that may not be available to younger and smaller companies. Also, smaller firms tend to rely more on personal loans and credit cards for financing. In the early years of a business, most entrepreneurs bootstrap their financing—that is, they depend on their own initiative to come up with the necessary capital. Only after the business has an established track record will most bankers and other financial institutions be willing to provide financing. In addition, venture capitalists limit how much they will invest in startup companies. Many such investors believe the additional risk associated with startups is too great relative to the returns they can expect to receive.
You might also like to view...
Attributes are the most desirable level for brand positioning because competitors can easily copy attributes
Indicate whether the statement is true or false
Logitech Company pays its employees for two weeks of vacation each year. The company estimated and must expense $9,160 of accrued vacation benefits for the year. Prepare the year-end adjusting entry to record accrued vacation benefits.
What will be an ideal response?
Punctuate the sentence correctly. The files on the top shelf should be discarded
The "rhetorical triangle" of argument and persuasion consists of ethos, logos, and pathos
Indicate whether this statement is true or false.