Owner financing, sweat equity, and minimization of the accounts receivable are the different types of:
A)bootstrapping.
B)venture capital financing.
C)angel funding.
D)hedge funding.
E)crowd funding.

Question

Quizplus · Accepted Answer

Owner financing, sweat equity, and minimization of the accounts receivable are strategies associated with bootstrapping. Bootstrapping refers to funding a company by scraping together any personal funds, operating revenues, and minimal outside investment to grow the business, often characterized by a focus on cost-efficiency and reliance on internal resources rather than external funding sources.

Owner Financing, Sweat Equity, and Minimization of the Accounts Receivable