How is Fund the bloodline of a successful business.

Fund is the bloodline of a successful business.
Explain various reasonable means from where a business can source fund.
Savings: Business enterprises, especially sole proprietorship and partnership, can raise capital from their personal or owner’s savings.
Borrowing: Business enterprises, especially the small ones, can borrow money from friends and relatives.
Loans And Overdraft From Banks: Loans and overdraft can be obtained from commercial or development banks, especially by co-operatives and limited liability companies.
Trade Credit: Raw materials can be purchased by the company on credit.
Equipment Leasing: Equipment can be leased out by companies in order to raise capital.
Retained Profit: The profit made by the company can be set aside or ploughed back as working capital.
Sales of Shares: Business enterprise can raise capital by issuing shares for public subscription.
By Debenture: These are long terms loans obtained from the general public at a fixed interest.


Oluwamuyide Peter

On the 4th of November I officially became a member of the exclusive 1st student with distinction after five years of no such record, in the history of The Polytechnic Ibadan, Faculty of Engineering to graduate with distinction as a DPP students since its establishment in 2011. My unrelenting power to solve problems, have made me to create a platform where student can get valid information anywhere, anyplace at anytime Evolving education world wide 🌎

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