Ways Of Optaining Capital

The easiest place to look for money when starting a business is in your own pocket.

• True

• False

Getting a "loan" is when you borrow money from a bank.

• True

• False

An example of a personal asset is a home.

• True

• False

Capital is loans in the form of money or any assets owned by a business.

• True

• False

A promissory note does not prevent a disagreement.

• True

• False

When you pay a consultant for their expertise, they own a portion of your business.

• True

• False

Banks and Credit Unions are not considered to be the most popular source of obtaining capital.

• True

• False

You do not have full control when you own your business.

• True

• False

A business should exist to make a profit.

• True

• False

Thinking "Outside the Box" is a traditional way of obtaining capital for a business.

• True

• False