Ann has been successfully running a soft skills training company for the past
five years in Bangalore. Her company has become popular and enjoys good
reputation in the city. She now plans to start a chain of soft skills training centres
and has identified four strategic places for the same in the city. Till now she has
been managing all the financial requirements of her business through the profits
made in her business. However, in order to implement her expansion plans funds
will have to be raised externally. 6
In the context of the above case:
a) Till now she has been managing all the financial requirements of her
business through the profits made in her business
b) Name the source of funds being mentioned in the statement and justify the
use of such source (any two).
c) Suggest any external source of funds that Ann can use to finance her
expansion plans.
d) Also, give any two features of such source of finance
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Answer:
it was trade earning
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