Unit 2 Assignment 2

Go FUCK YOUR SELF Boston Lincolnshire PE21 8RD Michael Burman 16/09/11 Susie Harrison 94 Bacon Drive Boston Lincolnshire PE22 7ZR Dear Susie, I am writing to inform ab egress your plans to start up a business. I understand that you would like to start up a pub/restaurant. I would gladly give you many advice on this outlet. I saw in your previous garner that you wished to become a tenant of your pub/restaurant. I devour that it will come with a lease/incoming be £25,000. I also saw that you may demoralise the position for around £350,000. I also read in your garner that a local businessman was willing to invest £50,000 into your guess if you buy the property. I saw that they you have a courteous personal savings fund that you will put into your business. I am willing to help you with your financial options and how you should use them. e real(prenominal) one of these is external except the ones I have highlighted. most of these lawsuit of pays are only for limited companies and approximately are only for unlimited, I have highlighted this in the type of finances. If I havent then it doesnt matter which type of company you are. An external source of finance is bills coming from an external source (other business).

An internal source of finance is silver coming from you or money from inside your business. Your forgetful term options this is a repayment of anything under a year coast overdrafts A coin bank overdraft is when you take more money out of your bank than you actually have in. This is agreed with the bank onward hand, though you will have to pay interest on this loan. An overdraft is however very easy to get and you get the money quickly. This is ideal for you if you a short of money and you need to buy things quickly i.e. restocking your supplies. An overdraft does come with its down sides however; the interest is very high, much higher than a normal bank loan. The bank can ask for a repayment at anytime this core your business assets are at... If you want to get a wax essay, order it on our website: Orderessay

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