janetxxx
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#1
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#1
Drop your answers below guys x
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janetxxx
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#2
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#2
For the multiple choice question asking for an example of a business’ cash outflow I put ‘RAW MATERIALS’
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brodem
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was this the paper with the twelve marker on e commerce?
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janetxxx
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#4
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(Original post by brodem)
was this the paper with the twelve marker on e commerce?
Yes
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janetxxx
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#5
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#5
For the question asking which month would be the best for the exchange rates , I put ‘SEPTEMBER’
(Original post by janetxxx)
Drop your answers below guys x
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brodem
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#6
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what did u get for exchange rates? I got September
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janetxxx
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#7
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#7
For the question asking which two things are covered in Employee Law , I put HEALTH & SAFETY and DISCRIMINATION
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janetxxx
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#8
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#8
Me too
(Original post by brodem)
what did u get for exchange rates? I got September
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Rose23311
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What you write in the crowdfunding and loan 9 mark
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janetxxx
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#10
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(Original post by Rose23311)
What you write in the crowdfunding and loan 9 mark
• I wrote to choose crowdfunding
• As it would be a cheaper alternative as there’s no interest and they don’t have to pay the people who donate back so they can reduce their total costs
• which leaves them with more profit to reinvest in their expansion
• It’s also harder to obtain a loan from the bank so it is more convenient for them to use crowd funding in order to get the finances more quickly
• they can start expansion quicker
• resulting in more rapid growth
But then I said...
• However it’s not certain that they’d get the entire £250,000 so they might have to resort to other means of finance
• which means they’ll have to invest more time which can be better spent in the expansion of the business
• resulting in slower growth
In conclusion...choose crowdfunding , more convenient and cheaper for the business blah blah blah
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Rose23311
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#11
The I chose crowdfunding to I wrote that a large number of ppl can invest into the business and they don't need any control of the business etc

The second paragraph I wrote that the bank can take the business assets as a form of security of they don't pay bank
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desaiaryan
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did u guys get 2100 for the break even question
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