finance is money needed to start, run and grow a business.
types:
start-up capital: starting money.
working capital: daily money (current assets – liabilities).
capital expenditure: long-term assets.
revenue expenditure: daily costs. internal finance includes:
retained profit (no interest but limited),
sale of assets (quick cash but low value),
sale of inventory (improves cash flow but risk of shortages),
owner’s savings (personal money).