Finance is an essential part of a business. It needs to run any kind of business. It is different from money because money means cash, but finance means any kind of capital.
Finance management
It consists of the planning, organization, controlling process to manage capital for smooth running of a business.
First step to start business.
Calculate overall cash and capital- means how much money need to operate new unit and how much capital required for running continue business practices.
Second step is making a portfolio according to require investment.
Debt+Loan long term and short term+Share+cash
Third step is invest money for creating money from existing investment.
Fourth step is to evaluate earning and expenses.
Fifth step is financial controlling
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