Unit 7 Finance, Cash Flow and Insolvency Background Information on Owensport Owensport a sole trader intends to setup a business manufacturing a new style of multi-gym in the Reading
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UNIT 7 FINANCE, CASH FLOW AND INSOLVENCY Anzal Ali Unit 7 Finance, Cash Flow and Insolvency Background Information on Owensport Owensport a sole trader intends to setup a business manufacturing a new style of multi-gym in the Reading area. Here are the following fixed assets that he will require to run his business: * Premises * Machinery * Equipment (Office) * Vehicle Working capital * Labour * Spare Parts * Telephone * Stock * Lighting/heating/electric How to pay for the assets For Owensport to purchase his fix assets he should looking init two terms of finance, medium term finance is any thing from borrow money from 1-5 years. The last term of finance is a long-term finance which borrowing money for 25 years, for example Owensport's wants to purchase his premise by mortgage. Here are some of the following ways for Owensports to pay for his equipment. Three of them involve buying the equipment, so you can become...

