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In this unit I am going to show my understanding of the management of business finance. I will also investigate the sources of finance available to businesses and how to interpret the use of financial information for decision-making. Sources of Finance The core aim of any business is to survive, additionally, it may have other goals such as to make a profit or improve or expand the products or services it provides to satisfy stakeholders, either way, it will need to control its financial resources to do this. By collecting all the available financial information and recording it into various accounts, a business can assess how well it is performing. This is important both for a business internally as well as externally. Financial resources are needed throughout a company's life. The type and amount of finance depends on many factors e.g. type of business, the success of the firm, the economy of...

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