What is Financial Management
Financial Management means management of finance or money invested in the business. The efficient use of financial resources in the best possible way. How To Get Finance for the business and how to use the money for the growth of the business and ultimately it is helpful for meeting the objectives of the business. Financial Management covers four important factors: 1. Estimation of Financial Requirements whether it is fixed or working capital 2. Determination of Capital Structure 3. Procurement of Financial Resources 4. Measurement of Revenues and Savings in the best possible way. You may also be interested in “ The Process of Financial Management In An Entrepreneur ” Financial Management is a service function for business and industrial Enterprises. It provides services function in the areas of earnings or spendings or both and owning and borrowing the funds or both....