Explain the sources of funding used to open new businesses

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Assignment:

Starting a business is a challenging proposition and includes overcoming a number of obstacles commonly referred to as barriers to entry. As you think about what it would take to start a new business, many barriers to entry will likely come to mind. Identify and discuss some common barriers to entry including sources of funding.

1. Identify and explain three common barriers to entry when opening a new start-up venture.

2. List steps that a business owner can take in order to overcome barriers to entry.

3. Identify and explain the sources of funding used to open new businesses.

4. List a minimum of three advantages and disadvantages of each source of funding.

Reference no: EM133389350

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