posted by Sam on .
please could somebody help me. i have evaluate the use of internal against external sources of finance for a retail business.
how would i go about this
I'm not a business teacher, but just knowing the words' meanings should give you a start.
Internal -- coming from inside -- is this one's own money (from savings) with which one starts and runs the business?
External -- coming from outside -- is this money that is borrowed from others to establish the business? Or is it money paid for the business's goods and/or services? That is, the business's income?
You need to be clear on the exact meanings of those two words before you can do this assignment. Once you're clear on that, then you'll be able to evaluate the different types.