F2- Sources of Finance Flashcards
Why do businesses need additional finance?
What are internal sources of finance?
What are external sources of finance?
What are short term sources of finance?
What are long-term sources of finance?
What is retained profit?
Retained profit advantages
Retained profit disadvantages
What is selling assets?
Advantages of selling assets
Disadvantages of selling assets
What is trade credit?
Advantages of trade credit
Disadvantages of trade credit
What is a bank loan?
Advantages of a bank loan
Disadvantages of a bank loan
What is an overdraft?
Advantages of an overdraft
Disadvantages of an overdraft
What is share capital?
Advantages of share capital
Disadvantage of share capital
What is hire purchase?
Advantages of hire purchase
Disadvantages of hire purchase
What is leasing?
Advantages of leasing
Disadvantages of leasing