0 votes
2.5k views
in Business Studies Form 1 by
List four sources of capital that may be available to a sole proprietorship.

1 Answer

0 votes
by
  • Owner's savings
  • Contribution from friends/relatives
  • Borrowing from financial institutions/friends
  • Credit buying (Trade credit, hire purchase)
  • Ploughing back profits/retained earnings
  • Inheritance
  • Leasing of assets
  • Renting of assets 
Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.

6.4k questions

9.6k answers

6 comments

590 users

...