Compare and contrast the sources of finance available to a newly created sole trader; a partnership and a well-established private limited company.
ECN200 What factors characterise under and over-employment
August 7, 2020Develop a tool such as a survey or questionnaire that may be able to assess or measure the cognitive habits or behaviors that are part of the critical
August 8, 2020Compare and contrast the sources of finance available to a newly created sole trader; a partnership and a well-established private limited company.
Assignment briefDifferent business entities have different financial needs but it is important that all ensure that they have a suitable mix of long, medium and short term finance if they are to survive.You are required to:
i) Critically assess the above statement
(40 marks)ii) Compare and contrast the sources of finance available to a newly created sole trader; a partnership and a well-established private limited company , and(30 marks)iii) What criteria do banks use when determining whether to lend to a newly formed private limited company?(15 marks)
