Answer to Question #145464 in Management for Samson

Question #145464
Business organizations are able to raise finance from a wide range of sources. The sources of financing can be classified into internal and external; short term, medium and long term sources of financing.
(a) why might a new business find it difficult to raise external finance?
(b) explain trade credit and why is it a source of finance?
(c) state two drawbacks to long term loan finance
(d) why might a firm decide to lease new equipment rather than to purchase it outright?
(e) why might the owner of a private limited company be reluctant to apply for public limited company status for the business, despite the prospect of additional finance?
1
Expert's answer
2020-11-19T10:00:13-0500
Dear Samson, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS