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What is the Important of Finance in a Business ?

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  • #31
    It takes money to make money, so the proverbial saying goes. Businesses have to consider their finances for so many purposes, ranging from survival in bad times to bolstering the next success in good ones. How you finance your business can affect your ability to employ staff, purchase goods, acquire licenses, expand and develop. While finances are not necessarily as important as vision and a great product, they are crucial to making the good stuff happen.
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    • #32
      FInance is a LIfe Blood of Bussiness in The Firm

      important finance business is banking sector is saving for money
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      • #33
        i think is a backbone
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        • #34
          Account assumes a basic part in maintaining the business. without satisfactory fund it is impractical to survive the business. it is required for purchasing crude material, HR, for completing the undertakings and for procuring new ventures and so forth..
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          • #35
            Finance plays a vital role in running the business. without adequate finance it is not possible to survive the business. it is required for buying raw material, human resources, for finishing the projects and for acquiring new projects etc..




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            • #36
              As the plans become more concrete, investors will have clearer picture for decision making. That is why pre-launch prices are much lower than launch price.

              I don't think during trade fair time Malles would have provided as much details about project as they are providing now. Whoever booked at that time must have had a very vague idea about location, site plan, floor plan, vaastu compliance of unit they booked, amenities etc.. I could be wrong.






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              • #37
                There is really no rocket science on how important finance is, I mean without that no matter how brilliant our ideas is, it’s not possible to execute them. However, I am doing Forex trading and here, I do get great support from OctaFX broker where even without investment I am able to work towards reaching my dreams which is to do with their demo contest like cTrader, as here we can win unlimited prizes, so that works so nicely for me.

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                • #38
                  Starting Capital

                  Every new venture needs seed money. Entrepreneurs only have dreams and ideas until they have some capital to put their ideas in motion. Whether it's a product or service, you will need a way to create and deliver it -- as well as enough money and time to lay the groundwork of selling and establishing important relationships. Most business owners face the critical choice between debt and equity financing. A small business loan leaves you free to own and have absolute control over your company while it also leaves you lasting financial obligations. Equity gives you cash, but you have to share the success. The critical decision in your financing will determine how your business will work from that point onward. Debt Ratios

                  Finances are about more than money in your hand. While most businesses have some amount of debt -- especially in the beginning stages -- too much debt compared with revenues and assets can leave your with more problems than making your loan payments. Vendors and suppliers often run credit checks and may limit what you can buy on credit or keep tight payment terms. Debt ratios can affect your ability to attract investors including venture capital firms and to acquire or lease commercial space. Business Cycles

                  No matter how well your business is doing, you have to prepare for rainy days and even storms. Business and economic cycles bring dark clouds you can't predict. That's why smart businesses create financial plans for downturns. Cash savings, good credit, smart investments, and favorable supply and real estate arrangements can help a business stay afloat or even maintain momentum when the business climate is unfavorable. Growth

                  Success can bring a business to a difficult crossroads. Sometimes to take on more business and attain greater success, a company needs significant financial investment to acquire new new capital, staff or inventory. When business managers hit this juncture, they have to wade through their financial options, which may involve infusions of equity capitals -- perhaps from venture capitalists. Every situation is different, but smart managers consider the cost of success and their options for obtaining growth financing. Payroll

                  Nothing spells imminent death like a company being unable to make payroll. Even the most dedicated staff won't stick around long once the paychecks stop. The larger an organization gets, the larger the labor costs. Above all, companies have to ensure they have enough cash on hand to make payroll for at least two payroll cycles ahead -- if not more. Financial planning to ensure your payroll accounts are in strong shape are essential to the integrity and longevity of your company.
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                  • #39
                    Finance is the base of business without it business doesn't stand a while its a main and major character in business
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                    • #40
                      When we are doing any business then we need to figure out everything about it and only then we should go ahead working in it. I do Forex trading and this is one of the best online businesses without any doubts. The greatest benefit or advantage that comes for me is that I have learned it properly and now with OctaFX broker, I am able to execute it so nicely using 50% bonus on deposit offer and many other benefits.

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                      • #41
                        Whatever business we select, it needs to be done in confident and sensible way. I do just that with FreshForex and that’s thanks to their trustable structure and to add more is their wide range of features and facilities with Zero Spread, Bonuses up to 101% and that too trade able while we can trade on smooth trading platform and we even get market analysis on daily basic, so all this is so handy.

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                        • #42
                          finance is best for bussiness because this points provides success in bussiness.
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                          • #43
                            I do Forex trading too; I believe it’s a sort of business which we can do well if we trade with right approach and method. I am fortunate enough that I trade with OctaFX broker, as they help in every way thinkable. From having lovely educational setup that guides very well, they have mouth-watering 50% bonus on deposit which is use able, so that really gives great push as far performance is concern for me and helps me grow as well.

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                            • #44
                              finance is necessary because its running for bussiness.
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                              • #45
                                Finance is the lifeline of any business. It is the backbone and you can't do without it. Whether its about financing for daily utilities or working capital, it is important for every business to survive.

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