For a businessperson or entrepreneurs, to get the sources for business finance is the most critical phase when starting a business or a new venture. It needs the maximum effort and dedication. The sources of funds are categorized based on ownership, time, period, and control, etc., evaluate, and used in different situations.

These sources of business finance are used in different situations. They are in the form of working capital loans, retained earnings, euro issue, letter of credit, debentures, equity, debt, term loans, and venture funding etc. Let us understand and get more insight into various phases of Sources of Business Finance

For more concepts and study materials of Class 11 Business Studies, visit BYJU’S or download the app for more information and the best learning experience.

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*