What are the objectives of financial management?

QuestionsWhat are the objectives of financial management?
Deepak Goyal asked 1 year ago
   
3 Answers
Akshaj Singh answered 1 year ago
Financial management is the process of planning, controlling, and managing financial resources. The objectives of financial management are to: - Maximize profit - Financial planning - Managing cash flows and liquidity  - Minimize risks - Protect companies from external threats such as market fluctuations and competition.  
Nikhil Rawat answered 1 year ago
The objectives of financial management are to be able to make a profit, to have enough money for the future and to have the ability to invest. These objectives are achieved through three main strategies: managing cash flow, managing investments and managing risks and to grow the net worth of an individual, protect the assets of an individual, and maintain liquidity.  
Priya Vishwas answered 1 year ago
Financial management is an important, but often neglected, skill for entrepreneurs. It helps them to establish a personal budget and make the most of their money. The objectives of financial management are to: 1) Manage your personal finances 2) Manage your business finances 3) Manage your tax affairs 4) Protect assets and wealth