Businesses operate in a cutthroat market whereby financial intelligence is integral to success and operational sustainability. With such a competitive environment, it is prudent to have information regarding to the sources of finance before starting the business intended. As such, through proper financing, the business performance strategies are drawn out effectively. Further, budgeting instills proper financial planning in the running of the business. Through proper planning, the business emerges as formidable forces in the market through budgeting and cost control measures. Hence, in this paper, I will look at financial analysis and recommendations at Bank of America.
Financial analysis
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