( ) Mobilisation of funds Entrepreneur has to take steps to mobilise capital needed to implement the venture. Entrepreneur has to estimate the fixed capital and working capital required for running the project. Then the entrepreneur has to initiate steps to build funds from various channels like own funds, borrowing from close circles, banks, financial institutions, venture capitalists, issue of shares and debentures, term loans and so on to finance his fixed capital requirement.
📖 generic · 12th TN - English Medium · COMMERCE · Page 222poem
(7) Mobilisation of funds
Chapter 8: 8. Reappraisal of Objectives · COMMERCE
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