Sources of Business Finance (VCE SSCE Business Management): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Finance definition
Finance definition
Management of money
RCCT framework
RCCT framework
Risk, Cost, Control, Time - factors for choosing finance
Bootstrapping meaning
Bootstrapping meaning
Self-funding without borrowing or taking on investors
Business angel
Business angel
Individual giving startup capital for equity/convertible debt
Venture capital
Venture capital
Large investment in high-growth potential businesses
Crowdfunding
Crowdfunding
Public donations for one-off project
CSF annual limit for businesses
CSF annual limit for businesses
$5 million per year
Trade credit
Trade credit
Supplier credit allowing delayed payment (often 90 days)
IPO definition
IPO definition
Offering shares publicly on stock market to raise capital
Hire purchase
Hire purchase
Deposit + instalments; ownership transfers after final pay
