Money which is needed for carrying out business activities is referred to as business finance. Nearly all business activities need some finance. Finance is required to set up a business, to run it to update it to spread out or expand it. It is necessary for purchasing a range of assets, which may be substantial such as furniture, machinery, buildings, factories, or insubstantial such as patents, trademarks, technical proficiency etc. In addition to this, finance is vital to run everyday operations of business such as purchasing materials, paying salaries, bills, etc needed at every stage in the life of a business entity. Availability of sufficient finance is very vital for growth and survival of a business.
Businesses have to consider their finances for several reasons which may range from survival in bad times to boosting the next achievement. How entrepreneur finance their business can affect their capability to purchase goods, employ staff, acquire licenses, develop and expand. While finances are not essentially as vital as vision and a great product, they are vital to making the good stuff taking place.
Arnon Dror center has held a number of positions such as the VP of Finance within companies. At present, he is functioning as VP Finance and Operations at Kornit Digital North America. He has wide-ranging understanding managing international business and a record of brilliancy in restructuring, integrating, and managing businesses to surpass all revenue and performance targets. He has skill and knowledge in quite a few areas of finance such as
- Change Management
- Systems & Technology
- Financial and Business Modeling
- Cash Flow Management
- Finance & Strategy Planning
- International FP&A and Tax
- Complex Deal Structuring
- Turn Arounds & Mergers
- Internal Controls
- Supply Chain Optimization
- ERP Integration
Arnon Dror Israel further added that each new venture requires money. Entrepreneurs only have ideas and dreams until they have some funds to put their ideas in action. Whether it is a service or product, one will need a way to deliver and create it as well as sufficient money and time to put down the foundation of selling and setting up important relationships. A large number of business owners experience the vital preference between equity financing and debt.
Arnon Dror center further added that business is related to distribution and production of products and services for the accomplishment and necessities of society. For efficiently carrying out a range of activities, business needs finance which is known as business finance. Thus, business finance is called the means of support of any business that a business would get unless there are adequate funds available for use.
Arnon Dror Israel has obtained a bachelor’s degree in Economics and Finance, a Masters in Microeconomics and an MBA from Hebrew University of Jerusalem in Israel. He as now resides in Portland Oregon.