Start Up Capital, Capital for Expansion✍🏽
SECTION B: 8 mark PAPER 1
(a) Analyse the possible problems that a new business might experience when trying to raise finance. [8]
Legal Structure and Sources of Finance ✍🏽
SECTION A: (b) 3 mark PAPER 1
(b) Explain two reasons why a business may use equity finance. [3]
Short Term Finance and Long Term Finance ✍🏽
SECTION A: (b) 3 mark PAPER 1
(b) Briefly explain the distinction between short-term and long-term sources of business finance. [3]
External Sources ✍🏽
SECTION A: (a) 2 mark (b) 3 mark PAPER 1
(a) Define the term ‘venture capital’. [2]
(b) Explain two ways that venture capitalists might help a business. [3]
Uses of Cost Information✍🏽
SECTION A: (b) 3 mark PAPER 1
(b) Briefly explain two reasons why cost information is useful for monitoring the financial performance of a business. [3]
