One of the primary considerations when going into business is money. Without sufficient funds a company cannot begin operations. The money needed to start continue operating a business is known as capital. A new business needs capital not only for ongoing expenses but also for purchasing necessary assets. These assets-inventories, equipment, buil lings, and property-represent an invesment of capital in the new business.
How this new company obtains and uses money will, in large measure determine its success. The process of managing this acquired capital is known as financial management. In general, finance is securing and utilizing capital to star up, operate, and expand a company.
Rabu, 04 April 2012
WHY FINANCE
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