Sources of business finance(1)

Question 1

Internal Sources of finance

Answer 1

Sources of money from within the business, from the owner or previous business income.

Question 2

External sources

Answer 2

Sources of money from outside the business, from other people putting money into the business.

Question 3

Sale of an asset.

Answer 3

(Some) businesses will have possessions that they no longer need. These can be sold off to raiser money needed for other investments.