Introduction
Even after the initial business capital is secured, a business needs to continually have the finance to carry out its day-to-day activities.
These sources of finance are from:
- Loans
- Share Capital
- Venture Capital
- Personal Sources
The type of business, the state of the economy and the stage of development of the business affects the sources of finance that are available to the business.
There are the sources of finance available for all types of businesses, the actual route chosen will depends on a number of factors.
With established companies, it's easier to secure funding from multiple sources at low risk for the financiers and lenders. However, smaller businesses are seen as a greater risk and can find it more difficult to obtain credit.
Activity 22 - Do some quick research on Venture Capital, what is it?
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