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Discuss reasons why a business needs funding ?
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3 votes
3 votes
Discuss reasons why a business needs funding ?

User Rmbits
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1 Answer

26 votes
26 votes

Answer:

Firms need finance to:

start up a business, eg pay for premises, new equipment and advertising.

run the business, eg having enough cash to pay staff wages and suppliers on time.

expand the business, eg having funds to pay for a new branch in a different city or country.

User Aynsley
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