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WorksheetsSources of finance
Total questions: 20
Worksheet time: 10mins
Finance needed to create and open your business = ???
Fixed costs
Working capital
Go finance
Start up finance
Money needed to function from day to day = ???
Gross profit
Working capital
Dividends
Working growth
Example of internal finance = ???
Personal savings
Bank loan
Credit card
Venture capital
Example of internal finance = ???
Bank overdraft
Sale of assets
Bank loan
Leasing
Example of external finance = ???
Personal savings
Retained profit
Trade credit
Sale of assets
Example of external finance = ???
Sale of assets
Retained profit
Personal savings
Government grant
A supplier lets you buy now and pay later = ???
Trade credit
Sales revenue
Inventory
Dividend
Somebody invests in your business in return for shares = ???
Working capital
Sale of assets
Venture capital
Leasing
A term used to describe renting assets = ???
Leasing
Trade debtor
Current asset
Working capital
A card that lets you buy things now and pay off later (with interest charges added) = ???
Venture capital
Debit card
Credit card
Crowdfunding
Numerous people invest small amounts into your business. Often via a website = ???
Squadfunding
Groupfunding
Crowdfunding
Friendfunding
Purchase of fixed assets such as vehicles and equipment = ???
Capital expenditure
Working capital
Revenue expenditure
Running costs
Day to day costs = ???
Start up costs
Capital expenditure
Current assets
Revenue expenditure
Finance raised from outside the business = ???
Intrinsic source
Internet source
Working capital
External source
Money being paid out by a business = ???
Cash outflow
Net cash flow
Cash inflow
Income
Money received = ???
Expenditure
Cash outflows
Cost of sales
Cash inflows
How can a business improve cash flow???
Negotiate higher prices with suppliers
Decrease sales price per unit
Raise sales price per unit
Increase staff wages
____ are finances that can be found inside the business such as retained profits and the owners personal savings.
3rd party sources
External sources
Dividends
Internal sources
Total costs = ???
Fixed costs + variable costs
Fixed costs / variable costs x 100
Fixed costs - variable costs
Fixed costs x variable costs
Total sales revenue = ???
Price per unit / number of units sold x 100
Price per unit x number of units sold
Price per unit + number of units sold
Price per unit - number of units sold
