Analyse the disadvantages to a business of using debt factoring to improve its cash flow.

5.2.2.1 internal sources of finance: owners investment, retained earnings, sale of unwanted assets, sale and leaseback of non-current assets, working capital

5.2.2.2 external sources of finance: share capital, debentures, new partners, venture capital, bank overdrafts, leasing, hire purchase, bank loans, mortgages, debt factoring, trade credit, micro-finance, crowd funding and government grants

5.2.3.1 the factors influencing the choice of sources of finance in a given situation: cost, flexibility, need to retain control, the use to which it is put, level of existing debt

5.2.4.1 the appropriateness of each possible source in a given situation

5.3.1.1 the meaning and purpose of cash flow forecasts

5.3.1.2 the interpretation and amendment of simple cash flow forecasts: calculating opening and closing balances

5.3.1.3 different methods of improving cash flow