Apprehending finance has become an indispensable thing these days. Anywhere you go, whatsoever you do you must constantly have the art of financial management. Vanished are the days when business and finance involved only for entrepreneurs alone. With the development of money making as art, increasingly people are taking part in the contest of making money in the best possible way. You can also be an effectual money maker only if you are well conscious of the countless new trends of the market.
Bharti Jogia-Sattar is a proficient in corporate and financial management. She has implemented comprehensive proficiency in real estate during the course of her twenty two year professional career. Bharti has comprehensive knowledge of finance operations and accounting; financial analysis and planning; acquisitions and mergers integration; internal report and auditing in diverse sectors which include financial services, entertainment and real estate and project management.
As stated by Bharti, financial management is an area of business that focuses on the fiscal decision makings and monetization that is vital for running a business enterprise. It will also familiarize you to the tools used by financial specialists to evaluate and make these thinking steps that order a company’s financial direction. The main purpose of financial management is to better the value of the stockholder and enlarge the corporate stake in its revenue generating procedures. Financial management can be classified into long term and short term decision making techniques and rationale.
Excellent financial management is vital to the existence and victory of every business. Regrettably, many business owners have comparatively restricted exposure to financial management and are not aware of how deliberately significant it is to their business’s performance. In general, financial management handles the gaining of funds for a business and the excellent use of those funds in the operations of the business. It also includes using accounting numbers to make tactical decisions that will develop the general performance of the business, to comprehend the reasons for the current financial position, and to measure the financial health of a business.
Bharti states that financial management is used to highlight possible drawbacks, areas for development, business prospects and fortes in that plan, as well as to make sure of authenticity to it. Gauging previous results and projecting it into the time ahead will decide, in usual conditions, the business decisions and eventually decide the future consequences.
With more than a decade of experience as a financial executive and accountant, Bharti Jogia-Sattar at present functions as an independent consultant in the greater Los Angeles metropolitan area. As an independent consultant she checks with numerous firms, provides practical guidance in financial reporting, mergers and acquisitions, process automation, and other areas. She has in fact helped many businesses to stay profitable and money making.
Thus, it can be concluded by stating that an all-encompassing financial management and effective accounting practices are the finest ways for your business to stay lucrative and solvent.