Summary
Summary Business finance
- Institution
- WJEC
Summary notes for business finance.
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Content preview
Business financeSources of finance:
Short term Medium term Long term
(within a year) (1-5 years) (5 years onwards)
Internal sources Retained profits Retained profits Owners own capital
Selling assets
External sources Overdrafts Bank loans Bank loans
Venture capitalists Venture capitalists Debentures
Leasing Crowd funding Loans from family
Grants Leasing and friends
Trade credit Grants Peer to peer funding
Debt factoring Crowd funding
Leasing
Grants
Share capital
Source of finance Term Advantages Disadvantages
Owners own capital Long Quick and May not
(internal source) convenient have enough
No interest savings
payments to May need it
make for personal
use
Risk of losing
your own
money
Retained profits Medium Quick and Risk of losing
(internal source) convenient your profits
Easy access
to money
No interest
Selling assets Short Can create Might not
(internal source) space get the full
Can be quick market value
Can raise of the asset
money from Might need
equipment the asset in
the future
Loans from family Long Money may May want a
and friends not need to stake in the
(external source) be paid back business
Low interest Arguments
may occur
between
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AdamSidat. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £4.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75759 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now