After reading this article you will learn about Financial Management:- 1. Meaning of Financial Management 2. Importance of Financial Management 3. Role. Meaning of Financial Management: It is an applied branch of general management. It looks after the finance function of the business. In itself it constitutes a sub-system of the business enterprises, inter-related very closely with production, marketing and [...]
This article throws light upon the eight important requisites of a sound capital plan. The requisites are: 1. Estimates of Financial Needs 2. Flexibility 3. Optimum Use of Funds 4. Liquidity 5. Mode of Finance 6. Simplicity 7. Planning Foresight 8. External Influences. Sound Capital Plan: Requisite # 1. Estimates of Financial Needs: Promoters must have accurate estimates of financial [...]
After reading this article you will learn about Capital Structure of a Company:- 1. Meaning of Capital Structure 2. Determinants of Capital Structure. Meaning of Capital Structure: According to Gerstenberg capital structure or financial structure of a company is the make-up or form or composition of capitalisation, i.e., the type of securities to be issued and the relative proportion of [...]