Internal and external, short- and long-term sources of finance, and choosing the right source.
Internal vs external
Internal: retained profit, sale of assets, owner's savings — no interest, no loss of control, but limited.
External: from outside the business.
Viewing only
This content is free to read on superexams.com and cannot be printed or downloaded.
Read the full note, free
Create a free account to read this note in full. Every free account gets 2 complete revision notes, no card needed.