Question
AlQuawn is the operations manager at a glass company. He wants to start his own business because he believes there is a market for glass
AlQuawn is the operations manager at a glass company. He wants to start his own business because he believes there is a market for glass dcor. He wants to start his own business because he believes that the market has great growth potential. However, AlQuawn does not want to depend on anyone else for procuring the initial capital and would like to raise the amount himself. In this scenario, which of the following methods could AlQuawn adopt to raise funds through equity financing? Multiple Choice
A. He could ask for a line of credit from his bank.
B.He could secure a loan from the Small Business Administration.
C. He could secure a mortgage from a family member or friend.
D. He could invest his savings in the new business.
E.He could ask suppliers for a longer trade credit.
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