Question

state the importance of business finance

Answer 1

It is impossible to achieve your long-term and short-term goals without effectively managing your finances. Inefficient management of finances could lead to liquidity shortages. You need funds for business growth, market competition, and to keep your business operational and maintain your customer base. If your finances are restricted, risks that can negatively affect the accumulation of necessary business funds should be hedged with adequate insurance coverage and effective internal controls. You can obtain insurance for accidents, liabilities and business vehicles to protect your finances from sudden untoward impacts.

Answer 2

Heya....

See here for your answer...

==========

Importance of business finance...

"" To keep always inducement to investments...

"" To maintain all time stock with producer....

"" To attain the loss refunds of depreciation...

"" To fullfill the market demands on time....

-- Be Brainly...