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Business level 3 assignment help please

Hi all, just started this course and really need help on sources of finance examples used in company's like what are sales o assets are used in company and the advantages and disadvantages of this. as well as share and retained profit, also don't know what retained profit is really :eek:

but if anyone could help id really appreciate it thanks :biggrin:

Reply 1

nottreece

The main sources of finance that comes for companies are: - Cash from investors, Cash from sales and Loans. They are the main ones.

Sales are is the cash that is earned my selling a product or service
Assets of things that the business owns that is worth something. For example machinery, as you can sell this for cash.

I am confused what you want the advantages and disadvantages off.

Shared profit will be profit that is shared with the shareholders and retained profits are the profit that the business keeps to themselves.

Hope this helps and if you would like any more help then let me know