a. There is a fast growth since other money will be coming into the business to offer support.
b. There is also a greater economic sale.
c. It is beneficial if the interests are not high and paid on time to earn you efficient profit.
The first external source of finance is debt, which includes loans from banks and bonds purchased by bondholders. The second external source of finance is equity, which includes common stock and preferred stock.
The advantages are that you will not have to pay it back or worry about interest. Disadvantages are that you have to come up with the money no your own.
examples of external sources of finance.
The cheapest source of finance is retain.
Difficult in pricing
The first external source of finance is debt, which includes loans from banks and bonds purchased by bondholders. The second external source of finance is equity, which includes common stock and preferred stock.
sources of finance is where a business can get money from. there are two types where money can be found internal and external. internal are things like the owner's capital and external are things like loans.
Hire purchase can give the good profit,
The advantages are that you will not have to pay it back or worry about interest. Disadvantages are that you have to come up with the money no your own.
examples of external sources of finance.
The cheapest source of finance is retain.
Sundials are simple, reliable, and require no external power source. They can also act as decorative garden features.
Taxation is a source of money for the state budget. Makes it possible to finance education, police, fire department, offices, etc.
One of the advantages of external funding is it allows you to use internal financial resources for other purposes..
Difficult in pricing
study of a small business unit regrading source of finance?
The source of finance refers to the origin or place where money for business comes from. The source could be investors, banks, or government grants.