Why Financial Management is Important in Business?
why financial management is important in business) — I think there should be more focus on finance management. We have a company that we use, that has a very clear set of financial guidelines and policies and we get the results that we need for a very good price.
You talk about the value of finance in business today — I agree with you, but also think there should be more focus on finance management. Finance can’t be a substitute for proper business management. Finance should be about how you can work out what kind of return you are going to get from a business project.
You’ve given a very strong argument that, if you are going to use finance, you need proper company policies and procedures. The best investment I’ve made in a long time was purchasing a new financial system and following a thorough training programme.
We need to talk to our clients and help them manage their money properly. What we’re seeing in the investment industry is some form of a bubble. There is a lot of money flowing around. It’s a good time to look at investing in your financial future.
There is a real risk in investing. Do you invest in property and the stock market? Do you recommend clients to invest in real estate? I don’t invest in property. It’s not a good investment for most people.
For most people, a business that’s in good financial shape will be a better investment. What do you think about the current economic situation? The current economic situation means the current economy is a bit more of a reality than it was a few years ago.
What do you think about the direction of the economy? The economy is a bit more of a reality than it was five years ago. The stock market can go down and go down very fast.
If a property investment fails it is one of the saddest things that can happen. How is the property market shaping up? The property market is generally stable. There are good times and bad times. What we’re seeing now is a bit of a bubble. There is a lot of money flowing around.
It’s a good time to look at investing in your financial future. We need to talk to our clients and help them manage their money properly.
