Debt Financing and Equity Financing

The finance for an organisation comes from both internal and external sources and most businesses use a combination of both. External or debt finance is a liability to an organisation as it is money owed to external sources. Equity finance rebates to the internal sources of finance in the organisation. ....Click here to continue reading

Marketing Plan, Market Analysis and Sales Forecasting In A Business Plan

Marketing Plan All businesses should focus on satisfying the needs of their customers. All the activities of the business should be directed to the marketing of the product or service. The marketing plan involves: Presenting information about the market that the business will be servicing Analysing ....Click here to continue reading

Types of Business Ownership, Their Advantages and Disadvantages

Sole trader A business that is carried on by a sole trader is owned by one person, who also usually runs and manages the business. There may or may not be people working in the business; these are referred to as employees of the business and the owner is the employer. ....Click here to continue reading