Question

what is business finance? explain in brief , the need of finance for a business firm.​

Answer 1

Answer:

Business finance, the raising and managing of funds by business organizations.

Explanation:

Finance refers to sources of money for a business. Firms need finance to: start up a business, eg pay for premises, new equipment and advertising. run the business, eg having enough cash to pay staff wages and suppliers on time. expand the business, eg having funds to pay for a new branch in a different city or country.