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©2008 Prentice Hall 10-1 The Importance of Getting Financing or Funding • The Nature of the Funding and Financing Process  – Few people deal with the process of raising investment capital until they need to raise capital for their own firm. • As a result many entrepreneurs go a!out the tas" of raising capital hapha#ardly !ecause they lac" e$perience in this area. • %hy &ost New 'entures Need Funding  – There are three reasons most new ventures need to raise money during their early life.

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