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State The Advantages Of Venture Capital? |
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Answer» Business expertise: Aside from the financial backing, obtaining venture capital FINANCING can provide a start-up or young business with a valuable source of guidance and consultation. This can help with a variety of business decisions, including financial management and human resource management. Additional resources: In a number of critical AREAS, including legal, TAX and personnel matters, a VC firm can provide active support, all the more important at a key stage in the growth of a young company. Faster growth and greater success are two potential key benefits. Connections: Venture capitalists are typically well connected in the business community. Tapping into these connections could have TREMENDOUS benefits. Business expertise: Aside from the financial backing, obtaining venture capital financing can provide a start-up or young business with a valuable source of guidance and consultation. This can help with a variety of business decisions, including financial management and human resource management. Additional resources: In a number of critical areas, including legal, tax and personnel matters, a VC firm can provide active support, all the more important at a key stage in the growth of a young company. Faster growth and greater success are two potential key benefits. Connections: Venture capitalists are typically well connected in the business community. Tapping into these connections could have tremendous benefits. |
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