Sources of Finance
- Created by: Benjhigg
- Created on: 30-03-15 16:06
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- Sources of Finance
- Internal Sources
- Savings
- Interest from savings and investments etc.
- Share Issues etc.
- Profits
- Friends and Family
- External Sources
- Grants, from the government or organisations such as the lottery
- Hire, purchases or leases of vehicles and equipment
- Becomes an asset or is leased - this makes it insured by lease firms and is unaffected
- Venture capitalists
- They put money into the business in return for a share of the business
- Loans, mortgages and overdrafts from banks and building societies
- Mortgages require you to own 10-20% of what you want
- Less interest is required from overdrafts if it is planned
- Government incentives
- Internal Sources
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