Financial Enterprise

• • A financial enterprise aims to make a profit by supplying goods and services to businesses or consumers. Examples; shops, construction companies, banks, insurers
• Role in Society:

  • Provide a wide range of goods and services
  • Employ a major amount of people
  • Pay large amounts of tax to the government
  • Provide finance to local sports clubs and events by sponsorship
• Support for Financial Enterprises; Microfinance Ireland:

  • Provides loans between €2k to €25k to help start up businesses
  • To qualify for the loan, the business must have between 1 and 10 employees and an annual turnover less than €2m
  • Only then, loans are given if the business's objective is profitable