Small Business Entrepreneurial Strategic Approach during Financial Crisis
Small business investment strategies. Small business sustainable reorganization and turnaround management. Innovation strategy. Open innovation in small business.
4.1 Small Business Financing Sources and Impediments
As seen in previous chapters, financing small business is a crucial paragon regarding their sustainability. There are three main ways in which small business can be financed—get banking financing (loans), finance themselves with their own capitals, or get some private financing.
We all know that if the small business in question is a startup, private financing comes from specific sources like angel1 investors and venture capitals (VCs).2
Sudek (2006), ...
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