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You will prepare and submit a term paper on Finance in the Hospitality Indusry. Your paper should be a minimum of 2000 words in length.
You will prepare and submit a term paper on Finance in the Hospitality Indusry. Your paper should be a minimum of 2000 words in length. Suppliers offer credit by supplying goods that do not require an immediate payment. However, a good number of suppliers provide a credit to individuals that have developed an established track record. A majority of retailers are presently offering various products on credit, such as equipments, via a financial institution. In addition, an individual can obtain a loan and other financial products such as an overdraft facility and asset financing via various financial institutions. Financial institutions range from banks to credit unions. In relation to an internal equity, an individual can finance a firm by the help of saved funds or ploughed back profits. An internal equity is majorly employed by various individuals that are seeking to start a business or running an established business. An internal equity is cheap since an individual is not expected to pay fees for borrowing money (Robinson, 2009). The other method of financing a firm is via an external equity, which includes friends, government, venture capitalist, stock market and private investors among others. A government may provide financing to a new or existing business. Venture capitalists are large institutions that provide a large amount of money for a potential or existing firm. However, venture capitalists are characterized by the need to have a large share of a firm to effect management about the firm’s operations.
