ENTREPRENEURIAL FINANCE
SOURCES OF FUNDING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
This is the cash that is generated by the business when it operates successfully
|
Retained profits
|
|
Share capital
|
|
Angel investor
|
|
Owner savings
|
Explanation:
Detailed explanation-1: -The classic examples of an internal source of finance include retained profits, sale of operating assets, issue of capital, and leading collection of debt.
Detailed explanation-2: -Internal sources of finance are any funds that a business can generate on its own. This includes profits, money the business owner has, or money made from selling business assets. They’re all common forms of financing, though they aren’t considered major players like the external sources.
There is 1 question to complete.