Question

factors to be kept in mind before
Selecting the source of finance​

Answer 1

Answer:

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Capital and labour must be in mind to increase production

Answer 2

Answer:

FACTORS TO CONSIDER WHEN CHOOSING A SOURCE OF FINANCE IN BUSINESS. Below are some of the factors that we should consider before deciding on a source that most suits our business needs.

1) Risk. Risk is an important element to consider. ...

2) Cost. ...

3) Control. ...

4) Long term versus short term borrowing.