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What is finance?

It is anything related to money which is important for daily life expenses.

Why is finance important?

It helps us organize our income to spend on daily/basic needs.

How will business survive if there is no finance?

For growth

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Sources of finance are

1·banks

2.borrowing from friends and family

3.Government grants

4.Angel investors

5.Equity offering

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FINANCE : It is the act of providing capital resources in terms of money for a venture.

IMPORTANCE :

1. Helps save money

2. Helps in investment

3. To buy essentials

Eg: Equipment , Vehicles

4. It ensures the control of costs

5. For resource development in the business

6. Growth of business

If there is no finance left business would not exist .

-We will not be able to pay our debts

-We will lack in further investments for the growth of our business

-We will not be able to manage our business Eg: wages for employees

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What is finance? "Finance" is a broad term that describes two related activities: the study of how money is managed and the actual process of acquiring needed funds. In simple terms it is the creation and management of money, Why is Finance important?  It is important because businesses would not be able to start, survive or expand without it. Imagine if the is no finance left? The medieval barter system would arise again. There wouldn't be any money to pay wages, salaries or our creditors. The flow of commerce wouldn't exist.

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what is finance?

Finance is the management of money and is the broader term given to acquiring money.

why is finance important?

Finance is important because it helps us to have the money when we need it and even when we want it.

imagine if there is no finance left?

If there is no finance, business is at loss and owner is under debt. It affects the long run of the business.

it affects the growth and management of business.

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What is finance?

-The management of large amounts of money, especially by governments or large companies.

Why is Finance important?

- It is needed to start a business

-Survival of the business depends on finance

-To pay employees salaries and wages

How will the business survive if there is no finance?

-They wont have money to run the business

-Reduces the growth of the business

-No people will work with a company who doesn't have enough finance and that are not able to pay them their salaries and wages.

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What is finance: Finance is the money available to spend on business need

A2: Money is essential for the running of of business. therefore without financing there is no point in running a business.  it helps in the growth and development of organizations. Finance also help in creation of new businesses, employing of workers, paying of government taxes such as income taxes.

A3;  A business without money will definitely fail as money is the solid foundation of a business. if there is no financing in business there is no way the business will go on without profits. financing helps the business to grow and earn Profits. therefore Finance is essential for business

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What is Finance?| Finance is a simple task of providing the necessary money required by the business firms, individuals and others on the terms that are most favorable to achieve their economic objectives. Finance can be borrowed, Assets can be sold. Finance is important as it supports the financial activities of a business. It is Life of the Business. The Business CANNOT survive without Finance. Money is needed by everyone to supplement our day to day activities. If Money is not available, there is no capital, then business cannot grow further, and will eventually end up in loss.

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What is finance?

# it is way of income

# science and studies the management of funds

Why is finance important?

# finance is important because without it business would not be able to start

# or would able survive or expand

# finance is needed for business to continue running as money is needed to face running cause such as electricity n rents

Imagine if there is no finance left?

#If business doesnt survive people wont have jobs, no jobs leads to no money, no money leads to no life, no life leadsnto death.

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how will the business survive ?