AN OVERVIEW OF FINANCIAL NEEDS REQUIRED FOR RUNNING SMALL BUSINESS

Abstract

It is important to clearly identify the purpose of the funds. Business finance is generally used to acquire assets which are employed to help the business achieve its profit-making objectives, such as to purchase capital items (fixed assets) e.g., plant, equipment, land or buildings, motor vehicles; or to increase holdings of trading stock and supplies; or to fund research and development; or to expand distribution or develop new markets.Present paper describe the overview of financial needs required for running small business.