1. OBJECTIVES
2.1.1 Internal Finance a) Owners Capital: personal savings b) Retained Profit c) Sale of assets
2.1.2 External Finance
Sources of Finance – family and friends, banks, peer to peer funding, business angels, crowd funding, other businesses
Methods of finance – loans, share capital, venture capital, overdrafts, leasing, trade credit, grants

2. Task
To understand the different sources of finance available to a business.
What are the advantages and disadvantages to a business of using them?
In what situations would the different sources of finance be suitable?
What factors would affect the choice of finance?

3. Sources of information
video about business angels – another name for venture capitalists

4. Assessment Time
Financing Business Growth / 30