education

SOURCES OF CAPITAL OF A SOLE PROPRIETORSHIP And PARTNERSHIP

SOURCES OF CAPITAL OF A SOLE PROPRIETORSHIP

  1. personal savings..
  2. Loan from friends.
  3. Trade credit i.e collecting credit goods.
  4. Loan and overdraft from banks
  5. Grants/loans from government.

SOURCES OF CAPITAL FOR PARTNERSHIP

  1. Personal contribution from partners.
  2. Loans and overdraft from banks.
  3. Trade credit.
  4. Undistributed profit ; are brought back to the business.
  5. Getting money from Admission of new partners.

Oluwamuyide Peter

My name is seyi, the main aim of creating this platform is to help users get information like school updates, electrical engineering topics, school project and many more for free

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