Question

What is business finance?​

Answer 1

Answer:

Business finance refers to money and credit employed in business. 

Finance is the basic of business. It is required to purchase assets, goods, raw materials and for the other flow of economic activities.

Answer 2

We are asked what is business finance. The answer to what is business finance is as under:

• Finance is the lifeblood of any business.
• A business can not function efficiently if it does not have adequate finance.
• The finance that is used in a business is called business finance.
• This finance is obtained through funds and credit from the creditors of the business.
• Business Finance is required at every stage of the business.
• We require finance to buy the raw materials, process the goods, and even sell the goods produced.
• So in other words, business finance is very essential for the business and it is required for all the different business operations.

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