FINANCE & BUSINESS (29 August 2021)

For some days I was thinking of giving some business information and reading. So that some changes take place in the way of life. It’s totally my different idea.

My words are taken from some of the realities I have seen. Which affects the way I think.

Financing is a strategy to play with funds to achieve goals. On the other hand, all the work done for the purpose of profit to meet the real needs of the people is called business. There are 3 parts to business - trade, industry, services. In fact, financing and business are closely linked. The main purpose of business in the modern age is to maximize the assets of the owner of the organization. In general sense, Finance is the management to money & other valuables, which can be easily converted into cash.

According to G.L. JONES,'' Finance is what finance does".

According to Lawrence J. Gitman " Finance can be defined as the art and science of management money".

Khan and Jain said," Finance is the art and science of managing money ".

John J. Hampton said, " The term Finance can be defined as the management of the flows of money through an organisation, whether it be a Corporation, school, bank,or government agency".

The scope of financing is much wider and more dynamic. It directly affects the life of every individual and every organization. There are many areas of funding and livelihoods. The basic principles of financing can be applied universally to different types of businesses. Financing plays an important role in achieving business objectives. Just as start-up capital is required to set up a business, working capital is needed to run a business and additional capital is needed to expand a business. And to raise capital for this through the selection of the right source, the desired capital, the determination of the structure and the selection of the right project for the investment of funds to the owners of the organization. This financing plays an important role in maximizing the assets of the owners of the organization by selecting the right source to raise capital, determining the desired capital, structure and selecting the right project for investment. Financing is considered as the utilization of money for investment gain or earning. Investments can be made in various ways- 1) creation of physical assets of money (e.g., land development, acquisition of commercial property),

2) continuation of business activities (e.g., production, trade)

3) financial security acquisition (e.g., shares, bonds, mutual fund Unit ect).

I think that Financing involves the organization's future decisions. A good financing is an indicator of growth and good earnings. This is only possible by good analytical decisions of the organization.  

It’s my thinking, about Finace business, however, I don’t know that my through is right or wrong, but i believe it.. Anyone can read..

Have a good..

Reference : my family

@MahiAkter 👌👌