You are initiating a small delivery service in Cuyahoga County. You have maximized your use of your own cash and credit, but are unwilling to go to a commercial institution for a loan, or ask suppliers for credit. You can consider turning to what source for funding, but you must codify your arrangement in a formal manner.

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
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You are initiating a small delivery service in Cuyahoga County. You have maximized your use of your own cash and credit, but are unwilling to go to a commercial institution for a loan, or ask suppliers for credit. You can consider turning to what source for funding, but you must codify your arrangement in a formal manner.

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