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Business
OCR GCSE Business
Finance
Sources of Finance
Reasons Businesses Need Finance
OCR GCSE Business · J204
Reasons Businesses Need Finance
What you need to know
Explain the various reasons why a business requires financial capital.
Identify key funding triggers such as establishing a new enterprise, funding expansion, managing day-to-day operations, recruitment, and marketing.
Revision notes
1
Reasons Businesses Need Finance
6 key terms
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Previous topic: Role of the Finance Function
Influence of Finance on Activity
Next subtopic
Methods of Raising Finance