sources of finannce Flashcards
1
Q
sources of finance
A
Refers to where a business gets money from to fund their business activities
2
Q
reasons
A
To run business recruitment
To establish a new business start-up
To develop marketing activities
To fund expansion
3
Q
Does all ways of raising finance apply to everyone?
A
Limited companies
Sole traders and partnerships
4
Q
Internal and external finance
A
Internal finance is finance raised within the business.
External finance is raised from outside of the business.
