The management of a firm's finances is extremely important to its success. Your firm may bring in $1B in sales but if the firm is mismanaged, it may suffer a net operating loss (a net income of less than $0). Businesses also require funding to operate and grow and there are several method by which they can obtain capital.
· What is financial management and why is it so important to the success of a business?
· As a business owner; describe various funding options as your company grows from a small business to a large global firm.