While all stakeholders are important, some stakeholders provide finance for the business, therefore have special relationship with the business.
Posts published in “FINANCE”
After the start-up capital has been generated, money that is used in a business is categorized as Revenue Expenditure and Capital Expenditure.
After the start-up capital has been generated, money that is used in a business is categorized as Revenue Expenditure and Capital Expenditure.
The money needed by an entrepreneur to set up a business when first starting a new business organization is called the start-up capital.
Finance is money. And money for a business means cash. Cash is the money that a business receives from the sale of products.
Businesses need finance to conduct business activity – turn inputs into outputs. Finance is needed to purchase resources.
All business organizations need accounting systems. This makes finance one of four core business functions.