OCR GCSE Business · J204
Paper 2
Revise: Methods of Raising FinanceA partnership can raise finance by taking on a new partner who invests their own money. A sole trader can also take on a partner, changing the business into a partnership.
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GCSE Business · key term
An additional joint owner who invests money in a partnership in exchange for a share of ownership and profits.
Used by OCR
Paper 2
Revise: Methods of Raising FinanceA partnership can raise finance by taking on a new partner who invests their own money. A sole trader can also take on a partner, changing the business into a partnership.
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