
Finance is often referred to as the backbone of any business, as it involves the management of money, investments, and other financial instruments to support business operations and growth. Without a solid understanding of finance, businesses can quickly falter, even if they have strong products or services. It encompasses various elements such as financial planning, budgeting, managing cash flow, and securing funding—all of which are critical to achieving long-term success.
What is Finance in Business?
Finance in the context of business refers to the process of managing the financial aspects of a business, including securing funds, making investments, and ensuring …