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Academic Library System

Notes • Minimization of the accounts receivable

• Joint utilization
• Delaying payment

• Minimizing inventory
• Subsidy finance
• Personal Debt.

9.1.4 Traditional Financing

Having outside investors is not necessarily beyond the realm of entrepreneurship. In many
cases, leveraging the owners’ credit cards and personal assets, such as mortgages, may not be
sufficient. Inadequate investment can also kill a start up. And bringing in outsiders can be
beneficial. Outsiders can provide financial oversight, accountability for carrying out tasks and
meeting milestones, and many can even bring valuable business contacts and experience to the
table.
• Angel Investors
• Venture capital investors

• Crowd funding
• Hedge Funds
• Alternative Asset Management.

9.2 Interpersonal Communication

Interpersonal communication is usually defined by communication scholars in numerous
ways, usually describing participants who are dependent upon one another and have a shared
history. It can involve one on one conversations or individuals interacting with many people
within a society. It helps us understand how and why people behave and communicate in
different ways to construct and negotiate a social reality. While interpersonal communication
can be defined as its own area of study, it also occurs within other contexts like groups and
organizations. Interpersonal communication is the process that we use to communicate our
ideas, thoughts, and feelings to another person. Our interpersonal communication skills are
learned behaviors that can be improved through knowledge, practice, feedback, and reflection.
Interpersonal communication includes message sending and message reception between two
or more individuals. This can include all aspects of communication such as listening, persuading,
asserting, nonverbal communication, and more. A primary concept of interpersonal communication
looks at communicative acts when there are few individuals involved unlike areas of communication
such as group interaction, where there may be a large number of individuals involved in a
communicative act.
Individuals also communicate on different interpersonal levels depending on who they are
engaging in communication with. For example, if an individual is communicating with a
family member, that communication will more than likely differ from the type of communication
used when engaged in a communicative act with a friend or significant other.
Overall, interpersonal communication can be conducted using both direct and indirect mediums
of communication such as face-to-face interaction, as well as computer-mediated-communication.

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