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Funding a business
How Do You Define The Term "Business Finance"?
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[QUOTE="Good-Guy, post: 205955, member: 29109"] Business has many specific kinds of branches. When it comes to business, we have many sub-categories such as marketing, management, human resource, etc. One of the most important aspect of any business is finance. We can say that finance is the basic skeleton of any kind of business. This is because we need capital to make our business successful. I think finance is just like root of business. Since any plant cannot grow without strong roots, similarly a business cannot be settled or built without appropriate amount of funds. I am sure that finance is a very huge and broad term within itself as it actually involves, funding, capital management, credits and debts, fund recovery, asset management, etc. However, when it comes to the term "Financing", I would say that the term means providing a sufficient amount of capital that is required to carry out business operation in the best way possible. For example, if you want to do marketing or carry out manufacturing of your products, you may need to fund your business in order to carry out business activities. I think each and every person might have different definitions of the term "Finance" as this field is huge. So, what do you understand when you hear the term "Finance"? What are your thoughts about it? [/QUOTE]
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How Do You Define The Term "Business Finance"?
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