Source of Advice | Strengths | weaknesses | Bank | For my business I will most likely get my loan from the bank because it is affordable and I can be able to get money from a legitimate source. This will be a good option because as a business that is starting up‚ it will be very hard to find capital. You can also get one to one advisers that will help you understand the business more The bank can also help me in starting up a business because they might offer help in giving knowledge on starting
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PBL 1 GST ACT 1999 s29.40 Choosing to account on a cash basis Is the GST done on an accruals or cash basis? Cash basis GST ACT 1999 s195.1 "GST exclusive market value" ‚ in relation to a supply or acquisition: (a) other than of a * luxury car--is 1 0 / 11 of the * GSTinclusive market value of the supply or acquisition; or (b) of a * luxury car--is 1 0 / 11 of the * GSTinclusive market value of the luxury car (excluding any * luxury car tax that
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The Internal Sources of Finance In order to grow your small business into a larger one‚ it is important to invest in it. And to invest in your business‚ you need access to finance. Unfortunately‚ external sources of finance — lenders and investors — are often skeptical of small businesses. This can leave you to rely on internal sources of finance for investing in your business. Retained Earnings Retained earnings are an easy source of internal financing to use because they are liquid assets. Retained
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------------------------------------------------- What would you envisage to the alternative sources of mall business in Tanzania. ------------------------------------------------- 1.0 INTRODUCTION 2.1 Definition of key terms Financing studies and addresses the ways in which individuals‚ businesses and organizations raise‚ allocate and use monetary resources over time‚ taking into account the risks entailed in their projects. Generally finance may thus incorporate any of the following: the study of money and other
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Section 5 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is credit? (0.5 points) Credit is borrowed money that you can use to purchase things you need when you need them and then repay the funds back at an agreed on time 2. What is a credit score? (0.5 points) A credit score is a number based on a level analysis of a person’s credit files‚ to represent the creditworthiness of that person
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addition to bank loans there is a range of alternative sources of finance available. At same time‚ a loan from a bank might not be the best way forward for every business. THESE ARE THE MOST POPULAR ROUTES: 1. Own finance – one can choose to start his own business by using his own financial resources. This may be from savings accounts or other investments that he has. Typically‚ it is not advised that one should fund his start-up from personal overdrafts‚ loans or credit cards as these are not necessarily
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Source of Finance Report I’m writing to you to give you more advice and guidance about which sources of finances should you go for. I’m going to give you a detailed analysis of the advantages and disadvantages of each source that will be appropriate for your business. External and Internal Sources of Finance External sources of finance are any sources of capital that can provide small business capital. For example a major external source are banks who can provide capital to your business to start
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Q-1. Discuss about different Sources of Business Finance. Different Sources of Business Finance Business is concerned with the production and distribution of goods and services for the satisfaction of needs of society. For carrying out various activities‚ business requires money. Finance‚ therefore‚ is called the life blood of any business. A business cannot function unless adequate funds are made available to it. The initial capital contributed by the entrepreneur is not always sufficient to
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Introduction: Finance is the life-blood of all business activities. Finance is needed not only for establishing a business enterprise‚ but it is also needed to keep it alive and also to see it growing. Every business enterprise needs two types of capital‚ viz.‚ fixed or long-term capital and working or short-term capital. Source of Finance: There are several sources which a business enterprise company can use for raising the required amount of capital. What sources and methods the company will
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havoc” AP”FBI warms of new computer virus”. The Philippine Star. (May 28‚ 2000).p. (303):5 Meyer‚ Henry “New Internet worm from Russian ISPS?” Nazareno‚ rocky ‘Love bug’ suspect detained’. The Philippine Daily Inquirer. (May 09‚ 2000).p.15 (151) Ocampo‚ Jurep “Cashing in on the Love Bug’‚ The Philippine Star Ofrin‚ Roderico H. “Will Y2K bug our health?’. The Philippine Daily Inquirer. (December 13‚ 1999)15 (5) C-10 Villafuerte‚ Nelly F Waldman‚ Simon “Malicious porn virus ‘Melissa’ wreaks havoc in
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