P2 Describe suitable sources of finance for a micro start-up business

Hi Year 12 L2

Task 3 Unit 6

By now you have some idea of how much finance you are going to need both to start up the business and to carry on running it. You need to consider the sources of finance available to you.

To do this:

·         Describe seven sources of funding that would be suitable for your business (P2)

·         For each source explain the advantages and disadvantages of the source for your business (M1)

This task provides evidence for assessment criteria P2 and M1

Deadline date: Wednesday 18th March 2015

Template below might be useful:

Sources of Funding for ­­­­­­­­­­­­­­­­________________________ Business

Description of source of funding (P2)	Advantages and Disadvantages for Business (M1)