1. Explain one means by which entrepreneurs can finance their business enterprises. Select one of the following: (1) use of personal funds (2) bootstrap financing (3) obtaining capital from a bank or a similar financial institution (4) crowdfunding. What are the benefits and drawbacks of the approach or method you have selected? A good starting point for this essay would be pages 210 to 231 and 237 of the textbook (Good & Mayhew, 2014).

2. If you held a position of authority within the public sector (that is, a senior government role) what would you do to stimulate entrepreneurship within your jurisdiction? Would you support current initiatives or would you develop some new ones?