You are in a small business as (a) a sole trader, (b) a partnership, and (c) a limited liability company. You wish to purchase some new machinery costing £50 000.
In each case, which main form of financing the project would you prefer?

(a) ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

(b) ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

(c) ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––