Does anyone know the answer please?
THE SCENARIO:
You and a friend have decided to go into b...
Business, 13.04.2021 16:50 cowgyrlup124
Does anyone know the answer please?
THE SCENARIO:
You and a friend have decided to go into business together, by opening a take-away coffee business in Sandymount strand. The company is owned by both you and your friend – each of you having a 50% share. Your company is set up as a Partnership with unlimited liability.
1) Name four potential sources of finance available to your business. Then explain at least one potential drawback for each option.
2) Considering at all the options available for raising finance for your business, explain 2 advantages to getting a loan.
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