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Business Finance — Part 1: Need for Finance, Sources and Financial Planning

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Lesson

Business Finance, Financial Planning and Capital

Part 1: why business needs finance, the sources open to each form of business, and financial planning.

In this lesson you will

  • Explain why a business needs finance at every stage
  • Compare the sources of finance open to a sole trader, a partnership and a company
  • Explain the meaning, features and importance of financial planning
Part 1 at a glance