Importance of financial management

Entrepreneurship-and-Communication-Skills-notes

Financial management is important because:-

  • It helps in planning business activities
  • Decisions can be made to make any necessary corrections where there’s need.
  • Evaluation of performance is necessary and proper management can be aided the tools that have been used.
  • Efficiency of use of resources and capital can be determined.



(Visited 40 times, 1 visits today)
Share this on:

Leave a Reply

Your email address will not be published. Required fields are marked *