Identify the various methods businesses use to raise necessary finance.
Understand the primary internal and external sources of finance, including family and friends, retained profit, new share issues, loans, mortgages, selling unwanted assets, overdrafts, trade credit, hire purchase, and government grants.
Analyze the specific advantages and disadvantages of each funding method for a given business situation.
Evaluate the overall suitability and appropriateness of different sources of finance for both new startups and established businesses.
