1. Factors affecting a Business

2. Internal Factors
An internal factor is a strength or weakness in the organisation which affects how well that organisation can meet its objectives

3. FINANCE
A business needs enough cash to pay for bills, wages and stock
Money may need to be borrowed
Money required for expansion or developing new products
EMPLOYEES
Quality and quantity of staff can affect the business
Staff may lack skills or require training

4. MANAGEMENT
Are managers skilled enough
Can they make decisions, manage change, move the business forward
Type of manager – autocratic, democratic, laissez faire
TECHNOLOGY
The type and quality of technology available
Quality of production, communication, e-commerce, apps