Question

what are 3 financial need require for bznz ?​

Answer 1

Answer:

The three Financial need require for business are:

• Long term Financial need

This is require when business need finance for Above 5 years

• Medium term Financial need

This is require when business need finance for for 1 year to 5 year

• Short term Financial need

This is require when business need finance for below 1 year

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Answer 2

The three financial needs of a business are for procuring raw material, storage, and distribution.

Explanation:

1. A business has multiple financial needs. Without finance, a business cannot carry out its day-to-day operations.
2. The most common financial requirements of a business come in the form of money required for procuring raw material.
3. After the raw material is procured, money is required for storing the raw material as well as completed products.
4. Finance Is also required for distributing the completed products to the Wholesalers, retailers, and customers.