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Suggest some aspects of finance that are needed for an entrepreneur. Suggest in such a way that even a beginner can learn.

Akshay Pujari

Investor. Trader. Yo... • 1m

For entrepreneurs, key financial aspects include: rigorous cash flow management, forecasting inflows and outflows to avoid liquidity crunches. Asset-light strategies minimize capital expenditure, opting for leasing or shared resources. Budgeting provides a financial roadmap, tracking expenses against revenue. Profitability analysis identifies profitable products or services. Securing funding through diverse sources like bootstrapping, loans, or venture capital is crucial. Financial reporting ensures transparency and informed decision-making. Lastly, understanding key financial ratios helps gauge business health and performance.

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