raaman
Valued Contributor
Business finance is responsible for providing direction and administration to a company's capital. Even though these are relevant for large organizations, SMEs or small and medium sized companies are beginning to give them importance to make better decisions. The information that this type of finance analyzes is both internal and external such as risks, benefits, opportunity costs, financing, among others.
The question about the importance of having a specialized finance department is just to know exactly how the business should use its financial resources. The more control you have over the financial resources, the better the returns will be to be able to grow exponentially. According experts, only twenty five percent of small and medium sized companies survive two years.
The question about the importance of having a specialized finance department is just to know exactly how the business should use its financial resources. The more control you have over the financial resources, the better the returns will be to be able to grow exponentially. According experts, only twenty five percent of small and medium sized companies survive two years.
