write a short note a significance of business finance
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Answer:
Business Finance means the funds and credit employed in the business. Finance is the foundation of a business. Finance requirements are to purchase assets, goods, raw materials and for the other flow of economic activities.Business finance is the art and science of managing your company's money. ... The importance of business finance lies in its capacity to keep a business operating smoothly without running out of cash while also securing funds for longer-term investments.
Money required for carrying out business activities is called business finance. Almost all business activities require some finance. Finance is needed to establish a business, to run it to modernize it to expand or diversify it. ... Availability of adequate finance is very crucial for survival and growth of a business.