Business & ManagementIB

Internal sources of finance

Internal sources of finance...Personal funds using the money that you personally own. Most commonly used for sole...
Internal sources of finance

Personal funds using the money that you personally own. Most commonly used for sole traders and partnerships.

Retained profits the profits (after tax and dividends) that the organisation keeps to use for the business.

Sale of assets firms can sell their dormant assets that have been replaced to raise capital. Examples include: old machinery, unused land or buildings etc. Sometimes, fixed assets can be sold to survive liquidity.

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