Type here what you have learned from our class discussion on business finance. Make sure to make it in paragraph form. Minimum of 100 words. Do not copy your classmate’s answer. If found out, you will be marked as FAILED
Answer (1)
Answer:From our class discussion on business finance, I learned that managing money is one of the most important aspects of running a successful business. Business finance involves budgeting, forecasting, saving, investing, and making smart decisions about how to use financial resources. It also includes understanding income, expenses, profits, and how to properly record and analyze financial statements like balance sheets and income statements. I also learned that financing can come from different sources such as personal savings, loans, or investors, and it is important to manage these sources wisely to avoid debt or failure. Most importantly, I realized that good financial management helps a business grow, survive challenges, and become sustainable in the long term. It is not just about earning money, but also about making responsible decisions to keep the business financially healthy.
