The expansion stages to a business and the forms of finance at each expansion page

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Unit 7 finance assignment

BTEC National Diploma Business Year 1

1 The beginning

  1. Title Page
    This report is written by Jessica Fogg on 31st October 2004. It is about the expansion stages to a business and the forms of finance at each expansion page.
  2.  Table of contents

  1. Terms of reference
    The deadline of this report is Friday 5th November and the purpose of it is to identify which form of finance is appropriate and which is inappropriate at each expansion stage and state reasons for why they may be appropriate or not.
  2. Methodology/Procedures

To do this report I am going to find out all the information I may need mainly using the internet and also using Business books to look up any relevant information I may need.

  1. The Middle

  1. Introduction

I am writing a report that will identify the expansion stages for a business which I have set up myself from scratch. The expansion stages start as a Sole trader and go through Partnership, Private Limited Company until Public Limited Company which is the final stage. I will be looking at the forms of finance at each expansion stage which will be appropriate for my business and explain why it is appropriate and I will also look at the inappropriate sources of finance for my business and again explain my reasons for it being inappropriate.

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  1. Report/Findings

Sole trader

I am starting off my business in a small workshop of my father’s building and fixing computers. The customers that I am currently getting are mainly friends and family and on the odd occasion people they tell about me if they have any problems. I use the skills I already acquire to build and fix computers and my customers are always satisfied with the overall result. The appropriate source of finance would be venture capital when going from a sole trader to a partnership as I can find a partner who is willing to pay so ...

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