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Published in:
1969 | OriginalPaper | Chapter
Finance of a New Business
Authors : K. Midgley, B.A., B.Sc. (Econ.), A.C.I.S., R. G. Burns, A.A.C.C.A.
Published in: Business Finance & the Capital Market
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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This chapter is principally concerned with the finance of a new and developing business. The risks associated with business affairs, and, in particular, new ventures, are discussed, and some indication is given of the problems of calculating the initial capital of a new business. Finally, various short- and long-term methods of raising funds are considered. The possibility of raising capital by taking a partner is seen to involve several serious disadvantages.