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The sources of finance…

Write a report explaining the sources of initial finance, that need to be taken into account when seeking to establish a new business You must consider….. 1. How will we know what money we need to invest?

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The sources of finance…

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  1. Write a report explaining the sources of initial finance, that need to be taken into account when seeking to establish a new business You must consider….. 1. How will we know what money we need to invest? Business plan; how viable is you plan, how much knowledge do you have, how much support have you got, how will you check your success? 2. The sources of finance – explain the different types. 3. Cash flow support Overdraft facilities, Leasing arrangements (eg property, equipment, vehicles, computers); trade finance, export finance (DBIS’s Export Credit Guarantee Department) P2

  2. savings; retained profits; legacies; lottery winnings; gifts; angels (or dragons); bank loans; overdraft facilities; credit cards; mortgages; leasing; venture capital (eg 3i); Regional Development Agencies; community development funding (eg Nestle Trust, Awards for All, Local Network Fund); Neighbourhood Renewal; EU aid The sources of finance…

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