1. Explain the purpose of income statements, cash flow statements, balance sheets, and the break-even analysis.
2. Define bootstrapping and provide a detailed explanation of five actions an entrepreneur can take to bootstrap a business.
3. Explain the difference between equity financing and debt financing, and provide at least one pro and one con of each.
4. Explain the difference between an angel investor and a venture capitalist. Be sure to show your understanding of both investor types in your answer. Provide an example of a startup business that might be a good fit for each.