Accounting for Business: Long-Term Finance for Different Entities

This report examines the diverse sources of long-term finance available to various business entities, including sole proprietorships, partnerships, private limited companies, and public limited companies. It analyzes key funding methods such as venture capital, bootstrapping, crowdfunding, and business loans for partnerships. For public limited companies, the report explores equity capital, private bank loans, and retained earnings. Sole traders are examined in terms of personal savings, borrowing from family and friends, and reinvesting retained profits. Private limited companies are assessed in terms of angel investors and loans from banks. The report concludes that accounting provides crucial information for making informed financial decisions, emphasizing the significance of accurate financial reporting for effective management.