Business Finance
Meaning of Business Finance Business finance is the cornerstone of every organization. It refers to the corpus of funds and credit employed in a business. Business finance is required for purchasing assets, goods, raw materials and for performing all other economic activities. Precisely, it is required for running all the business operations. To understand what business finance is, we must know that business finance includes activities concerning the acquisition and conservation of capital funds for meeting an organization’s financial needs and objectives. The importance of business finance is evident from the fact that business finance is required to undertake every business operation successfully. A business may require additional funds for anything ranging from buying plant or apparatus, raw materials or further development. Different types of business finance are: Fixed Capital Working Capital Diversification Technology upgrading Importance of Business Finance Here are some reaso