Question

Explain the different sources of short-term and long-term finance available to a sole trader and

available to a limited company. Advise Chris on whether becoming a sole trader or becoming a
limited company.

Answer 1

short term finance is the process by which finance goes for short period of time, while long term finance is the process by which the finance company go for a long period of time

Step-by-step explanation:

I advise Chris to become a limited company