Finance

Research into business finance is a must, and is perhaps the most important aspects of a business. Without finance a business cannot function. Finance is a way of regulating and keeping track of how much money is being spent in contrast to how much is coming in.

One must think carefully about how they are going to finance their business. Preperations should be made into how the risks involved are to be managed especially regarding the issue of borrowing money. There is less financial risk when borrowing money from friends or family than acquiring loans from a commercial lenders.

The main finance options that are available are

• Loans
• Overdrafts
• Shares
• Grants
• Joint Ventures