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Question
List down the two types of finance.
Short Note
Solution
An entrepreneur requires two types of finance namely long term and short term. While long-term requirements are needed for acquiring fixed assets, short-term requirements are meant for meeting working capital needs.
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Steps in Promoting an Entrepreneurial Venture
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___________ should cover aspects like sources of finance, technical know-how, source of labour and raw material, market potential, and profitability
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