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BEST FINANCIAL
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2. Any company, whether it is a start-up or a
well-established corporation, requires
careful financial management and
investment.
And financial management is the umbrella
that covers all aspects of investment and
finances.
FINANCIAL MANAGEMENT

3. • Identifying what needs to emerge
financially in order for the organization to
meet its short- and long-term objectives.
• Providing up-to-date financial information and
data to assist business leaders in deciding the
best strategy to execute strategies.
• Controlling, or ensuring that each department
contributes to the vision while staying within
budget and on track.
ROLE OF
FINANCIAL
MANAGEMENT
IN BUSINESS

4. IMPORTANCE OF FINANCIAL
MANAGEMENT
Financial management is essential for organizations and
enterprises because it creates the basis for achieving
company objectives and goals. Here are a few reasons
why financial management is so important in a company:

5. • Help you in the financial planning
• Assists in the management of funds
• Provides information to help you make
important financial decisions
• Reduces financial costs
• Increases the organization's profitability and
worth
• Employees are informed about financial
savings and investments
• Aids in the organization's future growth
planning
• Aids in the attainment of economic stability

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