Bootstrap financing to stretch current capital supply


Problem:

Andy has joined your small business owners group and is recounting his difficulty in acquiring financing. This leads to a discussion on the following:

Why is it so difficult for most small business owners to raise the capital needed to start, operate, or expand their ventures? Support your work with reliable outside sources.

How can a firm employ bootstrap financing to stretch its current capital supply?

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Other Management: Bootstrap financing to stretch current capital supply
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