2.1 Raising Finance 0.0 / 5 ? Business StudiesFinanceASEdexcel Created by: tomstodd23Created on: 11-01-18 12:06 Why do firms need finance? To expand and grow; Start-up capital; Advertising/Marketing; Wages and Salary; Rent; Bills; Capital Purchases; Taxes; Buying Stock. 1 of 7 Sources of Finance Bank Loan; Overdraft; Family/Friends; Venture Capital; Selling Assets; Trade Credits; Selling Shares; Retained Profit. 2 of 7 Cash Flow Money coming in and out of a business. 3 of 7 Cash Flow Forecast A predicition of a cash flow forecast. 4 of 7 Payments Outflows for the business. 5 of 7 Receipts Inflows for the business. 6 of 7 Business Plan This is a document that sets out the objectives of your company and explains in detail how the setting up and running of your business will lead you to successfully meeting these objectives. 7 of 7
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