This is the cash that is generated by the business when it operates successfully

Which of the statements about retained profits is false?

Which of the following is NOT usually considered a personal source of finance.

Which of the following statements about personal sources of finance is false?

An amount of money that is paid back within an agreed amount of time, with interest

Which of the following statements about bank loans is not true?

A short-term source of finance from a bank that usually is only used in an emergency/when needed

Which of the following statements about overdrafts is not true?

Wealthy individuals who invest in high-potential businesses are...

What do Angel Investors and Crowdfunders have in common?

Case study: Apple plans to develop a prototype for an iPhones with a flexible display. Which of the following sources of finance would be most appropriate?

Case study: the Business Incubator team 'TradeTools' - an online platform connecting neighbors who want to rent tools with neighbours that own them. They will pitch their business concept in May - what would be the most appropriate source of finance for this new, untested idea?

Case study: after years of success and growth, Shark Tank success story Lumibowl (a clip-on light that illuminates your toilet bowl so you 'hit your target' in dark of night!) is ready to grow extensively into other countries. It needs huge amounts of money in order to do so. Which source of finance would be a good fit?

True or false - crowdfunding is usually only used for new business start-ups/concepts and is therefore inappropriate for existing large, profitable businesses