Business 9609 · AS & A Level · Sources of finance

Sources of finance — practice question

(a)[2]

Define the term ‘crowd funding’ in business finance.

(b)[3]

Briefly explain two advantages of crowd funding for a new business venture.

Worked solution & mark scheme

This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “A way of obtaining business finance” …

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