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What is definition of business finance and explain its types?

Mandalika
Updated on 06-Aug-2020 08:10:23

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Finance represents the money management and the process of acquiring the funds. Finance is a board term that describes the activities related to banking, leverage or debt, credit, capital markets, money and investments.Business finance tells about the funds and credit employed in the business. It also helps to manage the funds/money to make your business more profitable by considering financial statements (profit and loss accounts, balance sheets and cash flow statements).Types of Business financesThe types of business finances are explained below −Short term financeFinancing the business for a short period of time (less than 1 year) is short term finance. ... Read More

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