Question 94

The strategic advantage of bootstrapping in entrepreneurial finance is-

Bootstrapping refers to launching and growing a business or project using only personal savings and operating revenue, without relying on external funding like venture capital or bank loans. It signifies self-sufficiency, financial discipline, and the retention of full control. Hence, it indicates financial discipline and validates the business before external funding.

It decreases the control dilution, so A is incorrect.

Bootstrapping is unrelated to accounting standards.

Bootstrapping does not directly facilitate negotiation.

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