Level 10
Level 11

Source of finance


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Grants
Money from the government or charities e.g. Princes' Trust
Loan
Money borrowed from the bank to be repaid at a fixed rate of interest
Retained profits
Profit kept within the firm to be reinvested rather than taken as a dividend
Share capital
Money raised through the sale of shares
Friends and family
A source of start up money that can bring its own challenges...
Venture capital
Firms and individuals prepared to back new business ideas in return for shares e.g. Dragons Den investors
Business Plan
An outline of a new businesses ideas and financial forecasts, often needed to secure finance