internal sources of business finance

Question 1

internal sources

Answer 1

sources of money with the business, from owner or previous business income

Question 2

owner funds

Answer 2

money put into business from private savings of owners

Question 3

retained profits

Answer 3

when profit is made, owners can decide to spend on themselves or the business, or both

Question 4

sales of an asset

Answer 4

business may have possessions they no longer need so sell them to raise money for other investments