Sunday, October 6, 2019
The report should contain an evaluation of the most popular resources Assignment
The report should contain an evaluation of the most popular resources weighing the positives and negatives (critically analyse) - Assignment Example In this regard, the literature suggests that there are various options available for small businesses. Sources of Finance Available to Small Businesses The most important concern of an investor or a small business owner, like Thunder Egg, is the sources from where finance can be raised to satiate financing needs of the business. Among various options available for small business entrepreneurs, crowd funding, business angels, bank loans, government initiatives and private investments are considered as amongst the most preferred ones by them. Whether the business is small, medium or a large multinational corporation, the need for securing sufficient finances holds significant importance for the entrepreneur, which in turn determines the success of planned strategies and business plan (Rodriguez, 2003; Moles et al., 2011; Baker & Martin, 2011). The common sources of finance identified earlier have been discussed as follows: Crowd Funding It is often witnessed that small and medium enter prises rely on unconventional means of obtaining finance in most of the times. The conventional means can be considered as venture capital and/or obtaining loans from financial institutions (Lambert & Schwienbacher, 2010; Abdulsaleh & Worthington, 201
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