Sources Of Finance Flashcards
1
Q
What is an owners savings
A
Owners who invest money into the business
2
Q
Friends and family
A
People in your family and friends could invest money into the business
3
Q
Loans
A
Sum of money which is borrowed and is expected to be paid back with interest
4
Q
Crowd funding
A
Fund by raising money from a large number of people who each contribute a relatively small amount
5
Q
Grants
A
Sum of money given by government or other organisation for a particular purpose
6
Q
Business angels
A
Wealthy individuals who provide capital in return for a proportion of the company equity
