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3.1
Sources
of Finance
All organizations require money to operate and achieve their goals. This could be at the beginning of a new business venture, for the day-to-day running of the business, or to allow for growth and expansion. This finance can come from a variety of internal and external sources.
Each type of finance has advantages and disadvantages, and its appropriateness may depend on the amount of money, the type of business or the length of time the finance is required.
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