Analytically, Softwood Ltd has been experiencing growth in the recent years thanks to its large client base. In its effort to expand, the business should make sound financial decisions to avoid a possible decline of its current position.
In their endeavor to expand, Softwood Ltd has various sources of finance to rely.
These sources can be divided into two 1. Internal sources Internal sources encompass all sources of finances within the company. These could be retained profits, proceeds from sale of furniture of the company’s property and personal savings by the owners of the venture (Dlabay, 2008). 2. External sources External sources ,on the other hand, encompass all sources ...