One of the key skills in finance is financial modeling, which provides a structured approach to estimating a company's future financial performance. This process is essentially concerned with the preparation of a mathematical representation that portrays the financial situation of a company.

A business plan is an engraved sketch of your business's prospect, a document that describes the step to step process on what a business owner plan to do and how to execute the plan.

Financial need for a small period of time normally less than a year is known as Short term finance. It is also known as working capital financing,

Startup financing involves raising capital that would help finance the new business and is generally done through bootstrapping, angel investors, venture capital, or crowdfunding. This gives the firm the means to cover initial expenses associated with scaling operations and hitting growth milestones.

A credit management policy is used to extend, monitor, and collect credit. This kind of policy will ensure that proper planning between risk and profitability is achieved by defining the processes of approvals, credit terms, and collections procedures. It provides appropriate receivables management, continuity of cash flow, and a minimum level of bad debt to support financial stability.

The idea of credit ratings had been developed to help investors analyze the various entities' creditworthiness, such as corporations and governments. The major bodies that took the upper hand in this rating area are Standard & Poor's, Moody's, and Fitch Ratings.

The External commercial Borrowing scheme enables domestic companies to source funds from external markets for capital-intensive projects such as expansion and modernization. Regulatory bodies, such as the Reserve Bank of India...