Shaylyn has recently discovered a new recipe to make a cake sweeter without adding sugar. With the
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Question:
Shaylyn has recently discovered a new recipe to make a cake sweeter without adding sugar. With the discovery, she plans to set up a cake business named 'Hidden Recipe'.
Despite the growth potential of her business idea, in an increasingly health-conscious environment, banks are not willing to approve her loan application because the business was still in the early stage and the risk was too high for a bank to manage.
Required:
Advise the alternative source of funding available for Shaylyn to start her business and explain how the suggested source of funding works.
Related Book For
Essentials Of Business Analytics
ISBN: 9781337406420
3rd Edition
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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