What might be an advantage of bootstrapping?

Bootstrapping refers to the process of starting and growing a business with minimal external funding, relying instead on personal savings, revenue generated by the business, and reinvestments. One significant advantage of this approach is that it allows entrepreneurs to maintain complete control over their business. Without external investors or stakeholders, the business owner can make decisions without outside influence, ensuring that their vision, goals, and values are fully realized. This independence can be crucial for aligning the business's direction with the owner's aspirations.

In contrast, other options suggest scenarios that are not typically associated with bootstrapping. Accessing large amounts of funding, for instance, is generally characteristic of seeking out investors or venture capital, not bootstrapping. Immediate cash flow from investors would not apply either, as bootstrapping does not involve external funding streams. Lastly, guaranteed success due to funding is misleading, as funding alone does not guarantee a successful business; many other factors contribute to success, such as market demand, sales strategies, and operational execution.