Managing your money and keeping track of what goes in and out is part of finance. This includes managing the budget, cash flow, and keeping the track of your operations. Making wise decisions about where you spend your money and ensuring you earn enough to support your business is possible when you understand your business finances.

All of this is possible with different finance courses in India and know the clear understanding of what is business finance all about. Read further to know more in detail about the same.

Business Finance

What Is Business Finance?

When it comes to understanding what is business finance then you don’t really need any rocket science to understand it. If we say in layman’s terms then running all businesses requires some investment or money behind it. The cost of running a company comes before the revenue is made. This money required for carrying out business activities is business finance. This money is required for a variety of assets used in business be it tangible goods, for example: factories, buildings, offices or even intangible goods.

What Is The Importance Of Business Finance?

There are several reasons that prove that business finance is important for a firm. In order to learn more in depth about it, you can enroll yourself in finance courses in India.

  1. A company that has adequate business financing will launch their endeavour with less delays and inconveniences.
  2. With the right business finance in place, uncertain risk and unforeseen circumstances can be managed.
  3. A corporation with good financial standing will be able to attract skilled employees and also have access to highly effective technology.
  4. With the aid of business financing, the business organisation can pay their debts and other obligations with ease.

Different Sources Of Business Finance

There are several sources of business finance available. Some of them are –

  • Self-financing through retained earnings

The retained earnings are the portion of earnings that weren’t distributed and retained by the firm. It serves as a means of internal funding or self-financing. Retained earnings are a source of funding for the business.

  • Credit through Trade

A line of credit provided by one company to another for the purchase of goods and services is known as a trade credit account. You can purchase supplies using trade credit without needing to make an immediate payment. The amount is returned afterwards.

  • Investors

If a business is in its initiation. The amount required is not usually with the business. During these times, an investor can be brought in as a shareholder who can buy shares of a company. This money can then be used by the business to finance their needs.

  • Business Credit Cards

the most convenient source of business finance is through credit cards. Businesses use these as a way to finance their firm’s needs in the beginning. They can then pay it off in a matter of months instead of paying it one go. Making it easier for a business that has just started off.


There are a variety of finance courses in India that are on offer that will help you. Some of the finance courses are from top institutes like IIM. Different platforms like Emeritus also offer top level courses that can be helpful to build your CV. These courses offer an overview and practical knowledge of risk governance and long-term value development.

The industry-relevant programme curriculum will be useful to professionals in banking, fintech, and NBFCs. Through these courses one can then go on to get placed in big firms. Moreover, these courses can help you set the foundation for future projects as well as start-ups.