Select correct responses. Sources of Finance?Laura wants to set up her own business. Name 2 sources of finance she could consider which dont incur (add) a interest amount added onto

MARKETING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Select correct responses. Sources of Finance?Laura wants to set up her own business. Name 2 sources of finance she could consider which don’t incur (add) a interest amount added onto

A	Own savings
B	Friends and Family
C	Bank Loan
D	Small business grants

Explanation:

Detailed explanation-1: -The common financing sources used in developing economies can be classified into four categories: Family and Friends, Equity Providers, Debt Providers and Institutional Investors.

Detailed explanation-2: -The sources of business finance are retained earnings, equity, term loans, debt, letter of credit, debentures, euro issue, working capital loans, and venture funding, etc.

There is 1 question to complete.

MANAGEMENT

BUISENESS MANAGEMENT

MARKETING