Abstract
This chapter is principally concerned with the finance of a new and developing business. The risks associated with business affairs, and, in particular, new ventures, are discussed, and some indication is given of the problems of calculating the initial capital of a new business. Finally, various short- and long-term methods of raising funds are considered. The possibility of raising capital by taking a partner is seen to involve several serious disadvantages.
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Further Reading
James Bates, The Financing of Small Business (Stevens 1964).
P. G. Hastings, The Management of Business Finance (Van Nostrand 1966) ch. 26.
B. B. Howard and M. Upton, Introduction to Business Finance (McGraw-Hill 1953) ch. xii.
Association of Certified & Corporate Accountants, Sources of Capital (1965).
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© 1969 K. Midgley and R. G. Burns
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Midgley, K., Burns, R.G. (1969). Finance of a New Business. In: Business Finance & the Capital Market. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15309-1_2
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DOI: https://doi.org/10.1007/978-1-349-15309-1_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-10410-1
Online ISBN: 978-1-349-15309-1
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