Internal and External Budget

• Inner financial resources: are money that come from within the business. Such as business can sell items that owns that are no longer seriously needed to release cash. • External economical sources: are funds identified outside the organization, e. g. from banking institutions giving financial loans

Short term

Medium term Long-term


• Overdraf

• Short-term


• Hire


• Mediumterm Mortgage

• Retain the services of


• Leasing

• Long-term

Financial loan

• Stocks

• Debentures


• Trade Credit rating

• Maintained


• Retained


• Sale of


• Sale and


Resource 1: External financial


Loan: an external financial source of my picked company (formula 1) can be loans as they need to buy fresh car as they may have the fund as of yet and a loan is " An amount of money that's borrowed from your bank, in that case repaid (with interest) over the set amount of time” this would be short term as if its intended for items when a smaller characteristics and long term for booking a land etc . …


Easy and quick to set up because they will

are termed as a big successful business

it will be easier and speedy for them to obtain

loans since banks will certainly trust these to

pay it back

Large amounts involving can be

took out from the financial institution due to the

scale there firm

Methodized repayment term this is great

because the organization dose not need to

pay out the money back all at once but at a

convenient repayments


• Interest payable meaning the business

has to pay much more than they will borrowed

through the bank

• If repayments cannot be held up, the

business hazards getting a credit rating

rating or perhaps being made insolvent


Essay about HHS 497 Week your five DQ one particular Clash of Values

Organizational Behavior Case Study Article