What is the cardinal rule

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1. What is capital? List and describe the three types of capital a small business needs for its operations.

2. What is an "angel?" Assemble a brief profile of the typical private investor. How can entrepreneurs locate potential angels to invest in their businesses?

3. What is the cardinal rule that an entrepreneur should follow when borrowing venture money from friends and relatives?

4. Briefly review the steps involved in registering a small business for a public stock offering.

5. Which of the Small Business Administration's loan programs accounts for the majority of its loan activity? How does the program work?

6. Explain the advantages and the disadvantages of factoring. What kinds of businesses typically use factors?

7. What is trade credit? How is it different from or the same as loans from equipment suppliers?

8. What role do commercial finance companies, savings and loan associations, stockbrokerages, and insurance companies play in providing debt-based loans to small businesses?

9. What are local development companies and the small business innovation research programs? How do they help small businesses?

Reference no: EM13234529

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