Provide two reasons why: (a)Tax incentives may have only limited value in stimulating greater investment by business angels. (b)Business angels can be an attractive source of finance to entrepreneurs. (c)Business angels may find it difficult being part of an angel syndicate in order to finance a business.
Provide two reasons why: (a)Tax incentives may have only limited value in stimulating greater investment by business angels. (b)Business angels can be an attractive source of finance to entrepreneurs. (c)Business angels may find it difficult being part of an angel syndicate in order to finance a business.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Provide two reasons why:
-
(a)Tax incentives may have only limited value in stimulating greater investment by business angels.
-
(b)Business angels can be an attractive source of finance to entrepreneurs.
-
(c)Business angels may find it difficult being part of an angel syndicate in order to finance a business.
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