For any business manager, securing capital is a critical hurdle. When it comes to financing businesses, there are two options to choose from.
Posts tagged as “business finance”
The main aim when solving Cash Flow problems is to improve the cash position of the business, not to increase sales revenue or maximize profits.
Cash and profit are important. However, businesses often fail because they do not understand the difference between cash and profit.
Internal sources of finance come from within the business. Retained profits kept in the business belong to internal sources of finance.
While all stakeholders are important, some stakeholders provide finance for the business, therefore have special relationship with the business.
Finance is money. And money for a business means cash. Cash is the money that a business receives from the sale of products.
All business organizations need accounting systems. This makes finance one of four core business functions.