MANAGING CASH FLOW do you think most entrepreneurs are as thorough with their financial management? Why...

MANAGING CASH FLOW

do you think most entrepreneurs are as thorough with their financial management? Why or why not?

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Expert Solution

Yes, most of the entrepreneurs are thorough with their financial management.

Because financial management help the entrepreneur to know about the various strategies to reduce the cost in the enterprise which eventually enhance the profit the orgnaization.

Financial management helps to entrepreneurs to allocate the funds wisely to various business activities.

Financial management helps the entrepreneur to manage the company assets.

Financial management helps the entrepreneurs to provide the business and sale forecast.

Financial management helps the entrepreneur to manage the cash flow and ensures effective use of funds.

Since entrepreneurs try to enhance their business, financial management helps the entrepreneurs in the ways explained above. Due to these reasons most of entrepreneurs are thorough with the financial management to make profit and enhance their business.

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keosha answered 4 months ago

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