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Financing a Start Up Business
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One needs money to make money. Finance is the lifeline of
business. A business firm requires finance to commence its operations, to
continue its operations and for its expansion and growth. There must be
continuous flow of funds in and out of business. Sound plans, efficient
production and marketing are all dependent on smooth flow of finance. Hence,
a financial plan needs to be prepared, which indicates the requirements of
finance, sources for raising the finance and the application of funds.
Financial planning for starting a business begins with estimating the total
amount of capital required by the firm for the various need of the business.
The financial plans of an enterprise should be formulated by
taking into consideration the following factors :-
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Sunday, October 20, 2013
Financing a Start Up Business
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