Technical Education and Skill Development Authority

SAMAR NATIONAL SCHOOL OF ARTS AND TRADES

Taft Eastern Samar

Narrative Report
in
Business Finance
Submitted by: Cristel Jane Ellado
 Business Finance is the process of managing an organization money. The purpose of
business finance is also to ensure that a business has adequate operating funds and that it is
spending and investing its money carefully, wisely, and effectively and it importance of finance
in business is the ability to ensure that a business operates without financial hiccups like
running short of cash and at the same time making sure that the funds are secure and well
invest for long term – gains. Even though finance is a dependent on accounting finance is more
active while accounting is more descriptive therefore you can use counting data to manifest.

We all know that all business run on money and business finance is there to help you
make smart and wise financial decisions concerning long term funding strategies as well as cash
flow, creating profit for business as people say you need money to make money and they are
absolutely right that is why business finance needs to be given the most attention. Exploring
new product and markets all business are constantly in pursuit of new product and markets,
and this of course financial mucle. Therefore without an effective financial structure in place,
exploring new spaces and getting into different markets with fresh solutions or products may be
rather difficult