sources of finance

?
owners funds
the amount of money the owner puts in
1 of 13
retained profit
money kept in the business by the owners known as retained profit on the balamce sheet
2 of 13
selling assets
selling anything of value owned by the business
3 of 13
overdraft
the bank allows the business to draw more money from their bank account than they actaully have in it
4 of 13
trade credit
items are bought from suppliers on a 'buy now, pay later' basis
5 of 13
debt factoring
the comapny sells a debt factorising company who pay the business a smaller sum they were owned
6 of 13
leasing
used to help obtain new equipment eg cars the business rents the item its owner
7 of 13
bank loans
an amount of money is borrowed from the bank, then repaid with interest over set period of time
8 of 13
issuing shares
a share in the business is sold to an individual or another business
9 of 13
mortgage
long term loan provided by a bank in order to buy properly
10 of 13
government grants
money given to the business by the government used to help finance new projects
11 of 13
hire purchase
an item is bought on finance, repayments are amde each month until the final payement when the item becomes the property firm
12 of 13
venture capital
venture capitalists invest in small, risky business eg. new business start ups
13 of 13

Other cards in this set

Card 2

Front

money kept in the business by the owners known as retained profit on the balamce sheet

Back

retained profit

Card 3

Front

selling anything of value owned by the business

Back

Preview of the back of card 3

Card 4

Front

the bank allows the business to draw more money from their bank account than they actaully have in it

Back

Preview of the back of card 4

Card 5

Front

items are bought from suppliers on a 'buy now, pay later' basis

Back

Preview of the back of card 5
View more cards

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