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Business Finance - Coggle Diagram
Business Finance
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Working Capital
the capital needed to pay for raw materials, day-to-day running costs and credit of offered to customers. In accounting terms working capital = current assets – current liabilities.
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Capital Expenditure
the purchase of assets that are expected to last for more than one year, such as building and machinery
Revenue Expenditure
spending on all costs and assets other than fixed assets and includes wages and salaries and materials bought for stock.
Microfinance
providing financial services for poor and low-income customers who do not have access to banking services, such as loans and overdrafts offered by traditional commercial banks.
Crowdfunding
the use of small amounts of capital from a large number of individuals to finance a new business venture