Provide two reasons why:

1. (a) Tax incentives may have only limited value in stimulating greater investment by business angels.

2. (b) Business angels can be an attractive source of finance to entrepreneurs.

3. (c) Business angels may find it difficult being part of an angel syndicate in order to finance a business

Answer rating: 100% (QA)

Step 1 Business angel refers to the independent individuals who offer the capital for the purpose of ... View the full answer