3.6.1 Sources of Finance
- Methods businesses use to raise finance
- Appropriateness of sources of finance
- understand the main internal and external sources of finance available (including family and friends, retained profit, a new share issue, obtaining a loan or mortgage, selling unwanted assets, overdrafts, trade credit, hire purchase and government grants)
- analyse the advantages and disadvantages of each method for a given situation
- evaluate the suitability of sources of finance for new and established businesses.
Dragon's Den video - Tutor2U Finance - BBC Bitesize Raising Finance - Nat West - AFC Bournemouth - Prince's Trust - Sources of Finance
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