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<br>Financial Management is the process of transforming existing assets into new, as well as the analytical techniques needed to support this process, for the purpose of wealth creation in modern, capitalistic economies.
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ORGANIZING FINANCES PLANNING FINANCES FINANCE MANAGEMENT MEANS DIRECTING FINANCES CONTROLLING FINANCES
REGULAR & ADEQUATE • SUPPLY OF FUNDS • ADEQUATE • RETURNS • SOUND • CAPITAL STRUCTURE • SAFETY ON • INVESTMENT • OPTIMUM • FUND • UTILIZATION
Although, there is no one model of finance management. There are some basics that must be in place to achieve higher ROI.
FIVE PRINCIPLES TO DEVELOP A FULL-PROOF FINANCE MANAGEMENT STRATEGY DELIGENCY INTEGRITY TRANPARENCY ACCOUNTABILITY CONSISTENCY
MONEY KNOWS ONLY ONE LANGUAGE, “IF YOU SAVE ME TODAY, I WILL SAVE YOU TOMORROW.”
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