IB BUSINESS – TheWorksheets.CoM

IB BUSINESS MANAGEMENT - dl.ibdocs.re

(a) List two reasons why a business needs finance. [2 marks] • To set up a new business • To maintain the day-to-day operations of a business, e.g., to pay for utilities and the purchase of raw materials/supplies. • To expand and grow a business, e.g., opening a new branch/store/outlet.