What is Financial Management for Businesses?

Описание: Financial Management Explained: https://bit.ly/3lAH4sp

Financial management is the process of creating a budget that supports the long-term plans for a business and informs decisions on where and how to invest funds around things like hiring, paying suppliers, research and development and other important initiatives. Effective financial management helps a business operate more smoothly by boosting profitability, maintaining cash runway, improving customer retention rates and more.

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