According to "Where Do Start-Ups Get Their Money?" venture capital is not an option for most entrepreneurs.Where does the majority of funding come from for start-ups?
A)Second mortgages on personal homes.
B)Business and personal credit cards.
C)Personal savings.
D)Bank business loans.

Question

Quizplus · Accepted Answer

Personal savings is the most common source of funding for start-ups. While options like second mortgages and credit cards may be used, using personal savings allows entrepreneurs to maintain more control over their company and avoid taking on debt. Bank loans may also be an option, but can be difficult to secure for start-ups without a solid financial track record. Venture capital is only an option for a small percentage of start-ups with high-growth potential.

According to "Where Do Start-Ups Get Their Money?" Venture Capital