What even is business finance?
Business finance is all about managing the money running through a company including steps like managing cash flow, investing and understanding your income and expenses. In the end, it’s all about making sure the company has enough money to operate, achieve its goals and remain viable (sustainable) for years to come.
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Why do big companies pay for business financial planning and how can it help your Business?
Big companies invest big bucks in Business Finance through their Financial Planning and Analysis (FP&A) departments. Why? Because doing so helps the business leaders make better decisions and achieve long-term success. But you don’t have to be a big corporation to get those same benefits. Small and medium-sized businesses (even individuals) can reap the rewards of financial planning, too.