O'Level  &

amount of money required should be first consideration since it helps decide which source to take if amount is minimal a soletrader ay use his own savings but if too much is required one might need to condider exteral source eg loans , subsidies etc. however other factors are also important the time period id a soletrader wants short term finance source one is not going to consider mortgages similarly the financial position has a great impact if a soletrader would be able to take further loan etc. soletraderr may consider other factor but the amount is the major one if the amount required is not called up then there would be no use of considering the time or any other factor