Choosing the right source of finance to pay costs requires consideration of factors that may influence the choice of finance.
Posts tagged as “Retained Profits”
Internal sources of finance come from within the business. Retained profits kept in the business belong to internal sources of finance.
There are many sources of finance that businesses can obtain their finance from. These include internal and external sources of finance.
Internal Growth is financed through a combination of retained profits, borrowing money, asking shareholders to contribute more capital or issuing new shares.