Theme 2 flashcards

Front

Economic variables

Back

Measures within the economy affecting business and consumers, e.g., unemployment, inflation, exchange rates.

Front

Internal finance

Back

Raising capital/cash from within the business, e.g., owner's capital, personal savings, retained profit.

Front

Personal savings/owner’s capital

Back

Internal finance provided by the owner of a business.

Front

Retained profit

Back

Profit reinvested into the business, not paid as a dividend; an internal source of finance.

Front

Sale of assets

Back

Internal finance involving selling resources belonging to the business.

Front

Bank loan

Back

External finance borrowed from a bank, paid back with interest over time.

Front

Business Angels

Back

Individuals investing between £10,000 and £100,000 for a stake in the business.

Front

Crowd funding

Back

External finance from many individuals providing funding for a project in return for shares or discounts.

Front

External finance

Back

Money raised from outside the business.

Front

Grant

Back

Sum of money given by a government or organization, not needing repayment or interest.