Understanding Sources of Finance for Business Expansion and Survival

The video discusses the financial needs of businesses at different stages, including initial investment, growth, and survival during economic downturns. It explains internal and external sources of finance, such as retained profits, loans, and crowdfunding. The video also compares the benefits and risks of these finance sources, emphasizing the importance of understanding their nuances for business expansion.

Discuss the advantages and disadvantages of using external sources of finance.

How can cash flow problems affect a business's financing options?