Business is concerned with the production and distribution of goods and services for the satisfaction of needs of society. For carrying out various activities, business requires money. Finance, therefore, is called the life blood of any business. The requirements of funds by business to carry out its various activities is called business finance. Irrespective of whether you are a budding entrepreneur or a seasoned one, the availability of finance is extremely important for hassle-free business operation on a regular basis. Different sources of business finance include financial institutions, angel investors and venture capitalists, accounts receivable or invoice financing, inventory financing, business credit cards, business cash advances and crowdfunding. Each of the source has unique characteristics, which must be properly understood so that the best available source of raising funds can be identified. There is not a single best source of funds for all organisations. Depending on the situation, purpose, cost and associated risk, a choice may be made about the source to be used.

Sahreen Younis Ahanger

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