Ticket 1 Enterprises (firms) field of activity and its main characteristics

Internal financial resources

Internal sources of finance are funds that come from within a business. Examples include profits generated by the business, retained earnings, capital funding, and liquid assets. Liquid assets are business assets that can be easily converted into cash.
Because internal financial resources are generated from within the organisation, they are interest-free. This is typically considered to be more economical from a business point of view because it means the organisation doesn’t have to pay interest – which would apply to borrowed capital and debt – granting the business a stronger financial position.

External financial resources

External sources of finance are funds that come from outside a business. Examples include loans and credit from external sources, such as banks.
External financial resources are particularly helpful for new businesses, organisations that are looking to grow and expand, and businesses that are looking for new investors to provide funding and even guidance and expertise within the organisation. It’s worth noting, however, that these sources of funding can mean partial loss of ownership within the business, as well as the added cost of interest payments.
2. Determining the need for personnel in the enterprise.
A personnel is an aggregate of workers different professionally qualification groups which are busy on an enterprise and included in his registration composition.
One of the many challenges of being a small business owner is determining how many employees you need to keep your operations running efficiently without spreading your finances too thin. 

Determining the number of employees needed

Part of determining how many employees your business needs is at your discretion, but there are more technical ways to decide if you need to grow or downsize your current staff. A few things you can do to begin the process of figuring out the optimal number of workers for your company include:

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  Looking at your KPI
  
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  Reviewing your current employees
  
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  Considering your needs and areas where staff are over or underworked
  
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  Analyzing employee ROI