Raising Finance – Financial Advisor
You are on a work placement at the bank. Unfortunately, your manager has just called in sick and you will have to sit
in on a few meetings she had arranged for today. She is in charge of advising businesses about their finance options.
You will need to advise the clients that come in about the types of finance they might consider for their businesses.
Use your notes from you’re the lesson to help fill in the boxes below and give reasons for your decisions…
Clients and their need
A newsagent is expecting a rush
on a certain magazine but doesn’t
have enough money to buy lots of
copies.
A delivery business needs a new
van, as their old one has broken
down, but can’t afford to buy one.
A very successful, profitable
business selling sports cars wants
to expand and purchase a new
showroom. He doesn’t like the
thought of selling shares as he
wants complete control.
A dry cleaners had lots of
problems with their machines and
is losing its reputation. They have
decided to invest $200,000 in new
machines.
Two brothers operate a
partnership which does interior
design. They are looking to
expand the business in order to
do a wider range of construction
work.
A successful banker wants to set
up his own small restaurant
specialising in Thai food. He has
lots of money in the banks and
lots of wealthy friends.
Suggested
source of
finance
Reasons for your suggestion