作者：Adriana Riascos 7 年以前
193
mapa contabilidad
WHY BUSINESS NEEDS FINANCE
existing the
DEBTOR
is an individual or business who has borreowed funds from a business and so owes it money
CREDITOR
is and individual or busines that has lent funds to a business is owed money
finance refers to soucers of money for a business, firms need finance to
EXPAND
the business,eg having funds to pay for a new branch in a different city or country
RUN
the business,eg having enough cash to pay staff wages and suppliers on time
START UP
a business, eg pay for premises,new equipment and advertising
SOURCES OF FINANCE
Long term and can be paid back over many years
FACTORING
TRADE CREDITS
OVERDRAFT FACILITY
some sources of finance are short term and must be paid back within a year
DEBENTURES
LOANS
OWNERS
