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What is share capital?
Raised by selling shares
Is share capital a short-term or long-term source of finance?
Long-term
Is share capital an external or internal source of fincance?
External source
What are the benefits of share capital?
No cost to raise, no interest charged, owners have full control of who invests and how much
What are the drawbacks of share capital?
Future profits shared between shareholders, owners share reduces with every new investment received