Finance

5 Nature and 7 Scope of Financial Management You Should Know

Financial management is one of the important aspects of finance. Every beginner must start a business or a company with financial knowledge and management strategies. Finance is directly linked to various departments like marketing, production, and personnel. Any business must expect the investments to be made so that returns are higher than the cost of …

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7 Best Internal Source of Fund That Company Could Benefit From (Example and Explanation)

Internal sources of finance are generated internally by the business-like retained earnings, sale of assets, debt collection, and discounted selling. Internal sources of finance are easily accessible, simple, and save a lot of effort. Internal financing is the preferred means of raising finance for companies that want to remain debt-free. 1) Retained Earnings Retained earnings …

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