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Sources of Finance Available to Business

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Added on  2020-01-28

Sources of Finance Available to Business

   Added on 2020-01-28

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Sources of Finance Available to Business_1
Table of ContentsINTRODUCTION......................................................................................................................3TASK 1......................................................................................................................................31.1 Identifying the sources of finance available to business..................................................31.2 Assessing the implications of varied sources of finance son the basis of differentaspects....................................................................................................................................41.3 Evaluating the suitability of selected source of finance...................................................52.1 Analyzing the cost of different financial sources.............................................................62.2 Defining the importance of financial planning................................................................62.3 Identifying the information need of different decision makers........................................72.4 Explaining the impact of financial source on final accounts...........................................83.1 Preparing budget and analyzing it for making suitable decisions....................................83.2 Assessing unit cost and making pricing decisions...........................................................93.3 Selection of suitable source of finance by using investment appraisal techniques..........9TASK 2....................................................................................................................................114.1 Discussing the main financial statements that are prepared by Dixon Carphone Plc....114.2 Identifying the differences take place in the final accounts prepared by varied firms. .114.3 Assessing the financial performance of Dixon Carphone Plc in against to thecompetitor by using ratio analysis........................................................................................12CONCLUSION........................................................................................................................13REFERENCES.........................................................................................................................14APPENDIX..............................................................................................................................15
Sources of Finance Available to Business_2
Sources of Finance Available to Business_3
INTRODUCTIONIn the business organization it is the accountability of owner to develop highlycompetent framework which in turn facilitates optimum use of financial resources. Moreover,for the execution of business plan firm requires enough funds. Hence, by making continuousmonitoring of monetary aspects or performance firm can take strategic for improvement. Inthis way, by applying the financial tools and techniques business entity can select bestproposal out of several. In this, by considering the monetary support offers by thegovernment authority entrepreneur has taken decision in relation to opening restaurant. Inthis, the present report will describe the sources that can be undertaken by business entity tomeet monetary requirements. Besides this, it will shed light on the manner in whichbudgeting and investment appraisal techniques help in making suitable decisions. Further,report will also furnish information about the extent to which profitability, liquidity andsolvency position of Dixon Carphone Plc is sound. TASK 11.1 Identifying the sources of finance available to businessOn the basis of cited case situation, with the motive to ensure high economic growthand development government is offering support to the business entities. Hence, to realize thedream business entity has taken decision in relation to starting the business of restaurant.Thus, owner of Spice restaurant can start venture by using both internal and external sourcesof finance.Internal sources of finance Personal savings: Business entity saves some money with the motive to meetcontingent situation and achieving objectives (Hubbard and et.al., 2014). Thus, bymaking use of personal saving business entity can start his venture. Sales of assets: By selling unproductive assets business entity of restaurant cangenerate more funds and thereby would become able to start venture. External sources of finance
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