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Financial resource management is necessary for all departments of business whether it is small business organization or large business organization. Finance is required for the expansion of business and for buying the technologies for the company. Effective management of resource and finance provides strong base for making effective decisions related to investment, earning return and increasing the profitability of the company (Brigham and Houston, 2009). Finance is required at every phase of the company that is from commencement of the business till the end of the operation. There are various sources of finance from where a firm can acquire capital for financing their business activities and meet long term goals.Managing financial resources is essential for every business organization.Because organizations must continue to expand the business and technology development, everything must pass through the money, which is an important part.Managing financial resources that will be effective as a base for decisions. When there is a decision that will affect the efficiency of investment business. Earnings yield and the company's profit will increase.Every step in the company's operations with the necessary financial resources to the fund company has been an important part of the business activities and achieve the goals set.
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