Business Finance

The term business finance can be defined as those business activities which are related to managing available monetary resources for a particular time frame (Danbolt and Maciver, 2012). Under this detailed process of acquiring and allocating of finance is included. The project report summarises about different elements of finance which contributes in an effective manner for decision making. The project report is based on Mediterranean Delights Ltd; whose managers want to apply different aspects ...

The document covers the most vital parts of managing the finances of a business. What is profit and loss? What is working capital and how does it affect the business? Case study with examples is included. How is inventory managed? The essay also covers the purpose of budgeting and explains some budgeting methods: internal budgeting, zero based budgeting, activity based budgeting.