Functions of Finance

Many people gain knowledge of financial concepts as kids. When parents ask their children to do chores in exchange for an “allowance,” this monetary transaction creates an elementary perception of finance. Fast forward 20 years, and you’ve traded chores for your own business. Now, you find yourself relying on another kind of fiscal entity: business […]

Read More »

Business Finance

While accounting tracks and organizes your company’s financial information, business finance uses this information to help you manage your money and make your operation more profitable. Business finance includes reading financial statements and connecting the dots between your profit and loss, balance sheet and cash flow statements. If these documents point to a shortage of […]

Read More »

Nature of Finance

Money required for carrying out business activities is called business finance. Almost all business activities require some finance. Finance is needed to establish a business, to run it to modernize it to expand or diversify it. It is required for buying a variety of assets, which may be tangible like machinery, furniture, factories, buildings, offices […]

Read More »