
Why Accounting & Finance Are the Pillars of Every Business?
Introduction How many of you are aware of the popular show Shark Tank India, which happens to be one of the most trending shows on OTT today? The show reflects the booming entrepreneurial wave in India. If you have followed the show, you must have heard the sharks question the founders on numerous financial metrics, right from their unit economics to their net profit. In cases where the founders have appeared confused about their numbers, the sharks have been outright about the founder and business not heading in the right direction, eventually leading to rejections. This clearly shows the importance of thorough knowledge of accounts and finance in the success of any business. Beyond pitching for investments, other critical aspects of business, such as expansion, diversification, and growth, also demand…