Financial requirement of Business

Financial requirement of Business:

Financial requirement of a business might be for following reason:

A. For buying fixed assets:

For opening business, business requires fund for buying fixed assets such as machinery, land, plant and building. This prerequisite might be of 10-15 years.

B. For Advertising and Other Revenue expenditures:

At time, business needs money for advertising and other revenue expenditures. This will be medium term financial requirements.

C. Short term financial requirements:

Short term financial requirements are for fulfilling the working capital necessities. In this, we administer to get short term loan that will be repayable within 1 year.

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