Equity 2
Angel investing - ✔✔ANSWER✔✔>>refers to the earliest
stage of venture capital, in which investors fund the first
cash needs of an entrepreneurial idea.
Balance sheet - ✔✔ANSWER✔✔>>summarizes assets,
liabilities, and partners' capital.
Business plan - ✔✔ANSWER✔✔>>should clearly state
the business strategy, identify the niche that the new
company will fill, and describe the resources needed to fill
that niche, including the expenses, personnel, and assets.
Chapter 11 bankruptcy - ✔✔ANSWER✔✔>>is a
reorganization process that attempts to maintain
operations of a distressed corporation that may be viable
as a going concern.
Chapter 7 bankruptcy - ✔✔ANSWER✔✔>>is entered into
when a company is no longer viewed as a viable business
and the assets of the firm are liquidated. Essentially, the
firm shuts down its operations and distributes its assets to
various claimants and creditors.