EDEXCELL BUSINESS ALEVEL PAPER 2 2025 EDITION
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EDEXCELL BUSINESS ALEVEL PAPER 2 2025 EDITION 1
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Retained profits - profits that the owners have reinvested into the business after paying costs and taxes Owners' funds - money put in by the owners themselves Sale of assets - a one-off way to raise money, generally used during financial struggles Benefits of owners funds - Avoids interest on loans Owners keep complete control Disadvantages of owners funds - If it fails after remortgaging, they could lose their house Limit to amount raised Short term finance examples - overd...
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Retained profits - profits that the owners have reinvested into the business after paying costs and taxes Owners' funds - money put in by the owners themselves Sale of assets - a one-off way to raise money, generally used during financial struggles Benefits of owners funds - Avoids interest on loans Owners keep complete control Disadvantages of owners funds - If it fails after remortgaging, they could lose their house Limit to amount raised Short term finance examples - overd...