Finance is the life blood of a business. Circulation of blood is necessary for maintaining life in human body. In the same way, finance is absolutely necessary for the survival and smooth running of a business. Finance is necessary to promote a business, purchase fixed assets, buy raw materials, produce goods and market them. Without finance, the business would come to a halt. The success of the firm is judged by its financial performance which depends upon its financial ability and solvency. Finance is the fundamental requirement for any business enterprise, to carry on operations and achieve the goals.