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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.
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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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