Thomas is ready to launch his catering business, but is in need of startup financing. The best funding source for Thomas's business would be a bank or other established lenders.

Question

Thomas is ready to launch his catering business, but is in need of start­up financing. The best funding source for Thomas's business would be a bank or other established lenders.

Quizplus · Accepted Answer

The best funding source depends on various factors such as the business model, credit history, and financial needs. Alternatives like venture capital, angel investors, or crowdfunding might be more suitable for some startups.

Thomas Is Ready to Launch His Catering Business, but Is