Business & Real Estate

We can say that finance is considered as the art and science of managing money, every day we are surrounded by financial concepts, whether we are entrepreneurs, farmers and breadwinners, as each individual has a consumer policy be it on credit, savings or investments.

The word “finance” comes from the Latin “finis” whose meaning is complete. To achieve greater understanding of this we must keep in mind that relate to finance the completion of any financial transaction whose transfer is through different financial resources. In the case of finance and administration, we referred to the tasks that have a financial manager in a company.

Its basic function is the funding plan for the proper functioning of a business. In terms of general areas that include finance we highlight three: financial management, which refers to an efficient use of financial resources. Financial markets is making financial resources into economic resources what would be the same as the conversion of savings into investment, financial investment concerns the acquisition of financial resources. As for the responsibilities that have a financial manager, we can say that they are, in principle, the acquisition of funds at minimum cost, requiring knowledge about the money and capital market as well as procurement mechanisms for funding. You must convert the funds into an optimal asset structure, which means that it evaluates alternative programs and projects, a financial manager must handle the assets used as to maximize net profit. It is important to keep a balance between retained earnings and dividends, thus ensuring the participation of members and reinvestment funds. There is also a branch of finance, called micro finance in this case we must note that they relate to financial services that will slip to provide people who are in a situation of extreme poverty who can not offer a guarantee.

Possibility Related Posts:

• Microfinance
  Microfinance can be identified as an ethical, social responsibility has financial activity. To illustrate an example, we can say that the environment of the banking, financial products that are us...