Finance For Business Expansion.
Date Submitted: 09/10/2006 02:37:34
Category: / History / European History
Length: 6 pages (1576 words)
Category: / History / European History
Length: 6 pages (1576 words)
A business faces three major issues when selecting an appropriate source of finance for a new project (Jay 2003):
1. Can the finance be raised from internal resources or will new finance have to be raised outside the business?
2. If finance needs to be raised externally, should it be debt or equity?
3. If external debt or equity is to be used, where should it be raised from and in which form?
EQUITY FINANCE.
There are two main …
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…B. (2003) Corporate Financial Management 2nd ed., Harlow: Financial Times Prentice Hall.
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WATSON, D & HEAD, A (2001) Corporate Finance: Principles & Practice 2nd ed., Harlow: FT Prentice Hall.
WATTS, B. (1997) Business Finance 8th ed. London: Pitman Publishing.
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