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2.1 Raising finance - Coggle Diagram
2.1 Raising finance
2.1.3 Liability
limited: Legal responsibility for debts is only limited to the company's assets (LTD, PLC)
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Unlimited: x limited to the company's assets (partnerships, sole traders)
x sell shares, rely on owners funds
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2.1.1 Internal finance
Within: Own funds, retained profit (reinvested), Sales of assets
2.1.2 External finance
Outside: Banks, p2p, crowdfunding, family & friends, other businesses, business angels
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Trade credit (buy now, pay later)
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