A Systems View Across Time and Space
Table 2 The advantages and disadvantages of internal sources
Advantages | Disadvantages |
|---|---|
Capital available | Expensive: is not tax-deductible |
No interest | No increase of capital |
Spares credit line | Not as flexible as external financing |
No control procedures regarding creditworthiness | Losses are not tax-deductible |
No influence of third parties | Limited in volume |