Different Types of Company and Their External and Internal Source of Finance

Accounting with
Business

Contents
MIAN BODY...................................................................................................................................3
Illustrate about the Background of Different types company along with their external and
internal source of finance. Difference each type of business external long term finance......3
CONCLUSION................................................................................................................................1
REFERENCES................................................................................................................................2

INTRODUCTION
A concept of business accounting is proper compliance oriented to analyse and evaluate
financial related statement towards business related. Accounting might be process to be
accomplish by individual person in small business, but in large business there is requirement of
finance department who handle operation as well as overall financial activities and generate
better profit and loss (Putra 2019.). Trading, balance sheet etc.. In this report, the topic is sole
proprietorship, private and public limited companies along with cirticaly analyse towards each
business form where how they get finance source through term perspective.
MIAN BODY
Illustrate about the Background of Different types company along with their external and internal
source of finance. Difference each type of business external long term finance.
 Partnership: In the business when two or more people are come together with abide all
terms and condition successful to beginning of business firm is called partnership. In
general partnership company, as all member share both profit and liabilities.
Internal Source of Finance:
Determine needs and make plan: As before measuring sources of investment in
partnership where partners must be concerned to determine their needs in terms of what is
main priority. After mapping personal needs the developing of business which provide
proper quality of planning effectively.
External Source of Finance:
Explore venture capital funding: In this partnership business seeking enxternal source
of finance were capital funding from venture stats those business who are ready to invest
for long term profitability (Nielsen., 2018).
 Sole proprietorship: This type venture is run through single ownership where profit and
liabilities is gain and handle individual sole trader.
Internal Source of finance: