ST. THERESE MONTESSORI SCHOOL OF SAN PABLO, INC.

Preschool * Grade School * Junior & Senior High School Levels

San Nicolas, San Pablo City, Laguna
Tel. (049) 530-77-83 / 530-77-33

Written Work 8 in Entrepreneurship

A. Y 2021-2022

Answer the following questions.

1. Why is it important for entrepreneurs to know the principles of financial management?

2. What are the challenges in raising funds for new business ventures?

3. Is it more important for an entrepreneur to keep track of profits or cash flows? Explain your
answer.

4. What are the advantages and disadvantages of credit financing?

5. Why are some entrepreneurs hesitant to avail of commercial bank loans? Why do some of
them resort to social bricolage, in terms of financing their businesses?