Question: Explain and critically evaluate: (a) The main sources of finance available to business and the advantages and disadvantages of each source. (b) The importance of

Explain and critically evaluate:

(a) The main sources of finance available to business and the advantages and disadvantages of each source.

(b) The importance of budgets as a means of planning and controlling the various business activities as well as the advantages and disadvantages of budgets.

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Certainly Lets examine each part of the question step by step Part a Main Sources of Finance 1 Equity Financing Definition Raising capital through the sale of shares in the company Advantages No oblig... View full answer

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