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New investors in entrepreneurship have several sources of funds to support the initiation and growth of their business ventures. One primary source is personal savings, which allows entrepreneurs to use their own accumulated wealth to finance the business. This is often the first and most accessible source, providing full control over the use of funds without any external obligations. Family and friends can also be a significant source of capital, offering loans or equity investment with flexible _______ ____ __________ _____ ______ __________ _________ ________.
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