Explain the nature of business finance?

Question: Explain the nature of business finance?

Business finance refers to the management of financial resources in a business organization. It involves acquiring funds, allocating them effectively, and maximizing their returns to achieve business objectives. The nature of business finance includes identifying sources of funding, managing cash flows, analyzing financial data, and making financial decisions based on risk and return considerations. Additionally, business finance plays a crucial role in ensuring the sustainability and growth of a business.

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