What is business?
All about finance can’t be separated from doing business. At the time you decide to make a business, you have to prepare initial finance call equity. You may also borrow a sum of money that is called liability. In a business, equity can be used to buy everything a company need. Building, office stuff, transportation tool on so on is inquired and bought by using company’s equity. A business needs a sum of money to pay salary for those who work at.
As a business mean an activity in attaining targeted goal, usually profit, a person or an institution must organize sources belong to a company. There are usually some divisions in order to make each people with specific job description. By looking at his or her job description, one will be able to determine what to do so that a business goal is easily achieved. There some division that is common in business. Marketing, production, human resource and development and so on are part of business.
Businesses usually have some owners. They invest their money to organize something for the purpose of maximal profit. A big business usually can’t be handled by a person so that collected money is needed to cover all thing required. Usually, a financial manger organizes that collected fund.
