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Business Studies IGCSEPDF 154
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Cambridge IGCSE Business Studies 0450 syllabus for 2026. Subject content
5‘ Financial information and decisions
5.1 Business finance: needs and sources
5.1.1 The need for business finance: .
5.1.2 The main sources of finance: .
The main reasons why businesses need
finance, e.g. start-up capital, capital for
expansion and additional working capital
Understand the difference between short-term
and long-term finance needs
Internal sources and external sources with
examples
Short-term and long-term sources with
examples, e.g. overdraft for short-term finance
and debt or equity for long-term finance
Importance of alternative sources of capital,
e.g. micro-finance, crowd-funding
The main factors considered in making the
financial choice, e.g. size and legal form of
business, amount required, length of time,
existing loans
Recommend and justify appropriate source(s)
of finance in given circumstances