PBMF Ch. 6, Exam Questions and
answers, rated A+
Angel investors - -private investors who fund start-up businesses
Assets - -the property or items of value a business owns.
Business plan - -a written statement of goals and objectives for a business with a strategy to
achieve them
Capital st...
PBMF Ch. 6 , Exam Questions and answers, rated A+ Angel investors - ✅✅ -private investors who fund start -up businesses Assets - ✅✅ -the property or items of value a business owns. Business plan - ✅✅ -a written statement of goals and objectives for a business with a strategy to achieve them Capital structu re - ✅✅ -refers to the way a business is financed; determines who has control of the business and decision -making power. Cash flow - ✅✅ -the movement of money into and out of a business Collateral - ✅✅ -an asset pledged that will be claimed by the lender if the loan is not repaid Debt financing - ✅✅ -borrowing money that must be repaid for use in the business Entrepreneur - ✅✅ -a person who starts a new business or purchases an existing business Entrepreneurship - ✅✅ -willingly risking resources to start and run a business in pursuit of profit Equity financing - ✅✅ -capital brought into the business in exchange for a percent of ownership in the business Job-specific -skills - ✅✅ -are necessary to perform the required work -related tasks of a position. AKA skills of the trade
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