Sources of corporate financing

Every entrepreneur knows that running your own business involves costs. Some of these are fixed, but there are also unforeseen ones. Regardless of the type of cost, a business needs financing. You will read about what internal and external financing is, what alternative sources of business financing are and much more in this article.
Read our guide to find out:

The division into internal and external financing instruments for enterprises

For obvious reasons, self-funding cannot be used by new companies – as a rule, at least several months pass before the enterprise becomes profitable. Financing a company’s expenses from earned income is not necessarily as attractive as it might seem – it’s hard to grow a company dynamically when you use your own funds. The growth rate is certainly lower in such a case than if the entrepreneur had used external financing. However, companies that choose to self-fund often raise the argument of independence – and on this point it is hard to disagree with them.


Important!

Young entrepreneurs who set up their first business can expect to receive subsidies of up to 6 times the average salary. In 2023, the maximum amount is approx. 40,000. PLN. However, it is worth remembering that in order to obtain such a grant from the Labor Office, you must have the status of an unemployed person, an unemployed caregiver of a disabled person or a graduate of a social integration center.


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