A set of flash cards about the different sources of finance!
|
Erstellt von P Engineer
vor mehr als 10 Jahre
|
|
Schließen
|
|
Erstellt von P Engineer
vor mehr als 10 Jahre
|
|
Owner Investment
An owner investment is when the owner of a business puts in his own money to start it up. This is quite risky because if the business doesn't go as planned, then the owner will lose a lot of money on a personal basis.
Mortgage
A mortgage is when you buy a property, but you pay for it in small chunks over time. Until you pay back your mortgage, the bank will own a certain percentage or your property.
Grants
A grant is when a charity or a large company give you money to start off your business with. With a grant, you don't have to pay them back, because it is effectively a donation.
