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Why businesses need finance

Why businesses need finance

Decision tree of sources of business finance split into short-term finance with overdraft and trade credit, and long-term finance with personal savings, loan, retained profit, share capital, venture capital, and crowdfunding

Business finance is the money a business uses to start up, run day-to-day, or grow. A small business often needs finance before sales money arrives to cover costs like stock, rent, wages, or equipment.

Sources of business finance Lesson

  1. GCSE
  2. /Business
  3. /Sources of business finance

Step-by-step lessons covering Edexcel GCSE Business Sources of business finance for GCSE Business. Each lesson works through exam-style questions in Paper 1 and Paper 2 format. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

Lessons