Please enable JavaScript.
Coggle requires JavaScript to display documents.
advantages and disadvantage of sources of finance (government grants…
advantages and disadvantage of sources of finance
government grants
disadvantages
not guaranteed money
advantages
you do not have to pay back
bank loan
hire purchase
advantages
buyers can take the goods purchased immediately
individuals have to pay money in installments over a period of time and does not have to pay all the amount at one go
it leads to increased sales
disadvantages
don't actually own the product
if a buyer fails to pay even last installment then the seller will take possession of goods
mortgage
trade credit
disadvantages
Late payments
Cash flow problems
Customer assessment
bad dept
Account handling
advatages
Winning new buyers.
Improve buyer loyalty
Sell more goods and services
Improve buyer loyalty
loans from freinds and family
lent intrest free
new share issue
selling assets
bank loan
owners funds
profits retained