Examples Of Internal Sources Flashcards
1
Q
Owners Funds
A
Money put into the business from private savings of owners
2
Q
Retained Profits
A
Makes profit, owners can decide to spend on themselves or to improve and expand the business
3
Q
Sale Of An Asset
A
Business have possessions they no longer need, sold to make money for investments.
4
Q
Advantages
A
No need to repay instantly
5
Q
Disadvantages
A
Limited funds
