4.6.1 - Need for Funding
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Practice Questions
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What does self-funding mean?
💡 Hint: Think about where you might use your own money.
Name one common source of funding.
💡 Hint: Consider who might support you financially.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is self-funding?
💡 Hint: Consider using your own resources.
True or False: Financial literacy is only important for large businesses.
💡 Hint: Think about how every entrepreneur needs to manage their finances.
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Challenge Problems
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Evaluate the implications of a business relying solely on self-funding.
💡 Hint: Consider both potential limits and benefits of self-investment.
Analyze how an entrepreneur can effectively manage their financial records.
💡 Hint: Think about how apps can simplify this process.
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