Sources of finance exam tips

Exam tips

• Finance sources and suitability exam tip 1

  Use precise subject-specific vocabulary when you explain how to explain internal and external sources of finance, including family and friends, retained profit, share issue, loans or mortgages, selling assets, overdrafts, trade credit, hire purchase and government grants..

  This keeps your answer tightly aligned to the exam specification point for Finance sources and suitability.

• Use evidence for Finance sources and suitability

  Use the scenario evidence before evaluating assets, government grant, share issue, trade credit: mention SwiftServe, refer to capacity utilisation or ?7,831, and explain the effect on the operations manager.

  This is actionable because it tells the student exactly how to connect Explain internal and external sources of finance, including family and friends, retained profit, share issue, loans or mortgages, selling assets, overdrafts, trade credit, hire purchase and government grants with commercial reasoning, financial evidence, stakeholder impact, and the boundary between internal finance versus external finance.

• Finance sources and suitability exam tip 1

  Use precise subject-specific vocabulary when you explain how to analyse advantages and disadvantages of finance methods for a given situation..

  This keeps your answer tightly aligned to the exam specification point for Finance sources and suitability.

• Compare evidence for Finance sources and suitability

  Compare the scenario evidence before evaluating disadvantages, methods, analyse, finance: mention CraftCrate, refer to break-even output or ?5,564, and explain the effect on the owner.

  This is actionable because it tells the student exactly how to connect Analyse advantages and disadvantages of finance methods for a given situation with commercial reasoning, financial evidence, stakeholder impact, and the boundary between margin versus markup.

• Finance sources and suitability exam tip 1

  Use precise subject-specific vocabulary when you explain how to evaluate suitable sources of finance for new and established businesses..

  This keeps your answer tightly aligned to the exam specification point for Finance sources and suitability.

• Separate evidence for Finance sources and suitability

  Separate the scenario evidence before evaluating sources of finance: mention CycleNest, refer to net profit margin or ?7,089, and explain the effect on the local community.

  This is actionable because it tells the student exactly how to connect Evaluate suitable sources of finance for new and established businesses with commercial reasoning, financial evidence, stakeholder impact, and the boundary between cash flow versus profit.