Question
Explain two sources of external finance Adriana draw on to fund the building of the new lecture theatre and new building for the Faculty of
Explain two sources of external finance Adriana draw on to fund the building of the new lecture theatre and new building for the Faculty of Music.External source of financing refers to procuring funds outside of PU.
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The detailed answer for the above question is provided below One external source of finance that they can use for both buildings is through highnetworth private donors High net worth donors can donate substantial amounts of money in one go which can shorten the process of procuring the necessary finance of a large building High net worth individuals are also attracted to sponsor the building of prestigious buildings as they can request naming rights either after their own names or their own companies which increases their own brand recognition and philanthropic efforts However PU needs to be aware that the ...
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
