Posted: September 11th, 2015

Differences between internal and external sources of business finance.

Accounting Question
Answer the following question:

Explain the differences between internal and external sources of business finance.

Discuss the particular difficulties that an SME ( small and medium-sized enterprises) might face in raising adequate finance, drawing upon your own professional and personal experiences, plus examples from your country.

Outline what advice you would give an owner of such a business in order to address these difficulties.

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