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Both the internal and external sources of finance are very important means of funding for entrepreneurs. How?

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Finance

Both the internal and external sources of finance are veryimportant means of funding for
entrepreneurs. How?

Answer & Explanation Solved by verified expert
4.1 Ratings (622 Votes)
Both internal and external sources of funds are important They provide different types of benefits to the firm and the entrepreneur Internal funding is generated from sources within the firm It can raised from retained earnings or through reserves and surplus    See Answer
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