What are we talking about? The financial resources of an enterprise are the money that makes up the capital of the business. These are its own and attracted funds – loans, leasing, franchise payments.
What to pay attention to? Since the existence of any enterprise depends on the state of financial resources, it is necessary to manage them competently. This is based on planning and drawing up a financial strategy.
The article explains:
The essence of the financial resources of the enterprise
Types of financial resources of the enterprise
Sources of financial resources of the enterprise
Principles of managing panama email list the financial resources of an enterprise
Evaluation of the financial resources of the enterprise
Planning of financial resources of the enterprise
Formation of an optimal structure of financial resources
Frequently asked questions about enterprise financial resources
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The essence of the financial resources of the enterprise
It is safe to say that businesses that conduct business are the foundation of the modern economy. To produce goods and generate income, various resources are required: land, raw materials, equipment, labor and, of course, money.
When doing business, financial relations are established that accompany the launch of production, trade, accumulation of funds, and distribution of profits. Financial relations are considered a form of monetary relations. For their emergence, the movement of funds is necessary, which are accumulated and then spent by the enterprise.
Carrying out operations with such funds is associated with the formation of the financial resources of the enterprise. When an organization has a sufficient volume of monetary resources and manages them wisely, it ensures its financial stability and liquidity. Most scientists consider such resources as all the company's own or attracted monetary funds, thanks to which its functioning is carried out and production growth is achieved.
Financial resources of the enterprise
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Financial management is regulated by the Constitution of the Russian Federation and regional legislative norms. It is important to take into account the difference between cash and financial resources. In economics, the former includes the entire amount of non-cash money belonging to the organization. In accounting, these funds are reflected in the balance sheet asset. On the other hand, financial resources are the sources of funds that form the assets of the enterprise. Depending on the type (own, borrowed or attracted), they are indicated in the balance sheet on the corresponding liability accounts.
It follows from this that the financial resources of an enterprise are its own, borrowed and attracted monetary capital, with the use of which the organization forms its assets and carries out production and financial activities aimed at generating income and, ultimately, profit.
The system of financial resources of the enterprise is formed taking into account its features. First of all, this is the direction and scale of the business, the organizational form of the company, the volume of production. When expanding production and improving business efficiency, the share of own financial resources should be increased, and when reducing production, it should be reduced.