How financial specialist can contribute to business growth and development .

INTRODUCTION Financial specialist, also called securities specialist and investment specialist, work for banks, insurance companies, mutual and pension funds, securities firms, and other businesses, helping these companies or their clients make investment decisions. The financial specialist occupation typically attracts people that have a talent for sales. Financial specialists mostly sell products and services for financial institutions. However, they do more than just make sales. They help their clients determine short-term and long-term financial goals. Some financial specialists also offer their clients insurance. Financial specialist often assesses the firm’s: 1. Profitability – its ability to earn income and sustain growth in both short-term and long-term. A company’s degree of profitability is usually based on the income statement, which reports on the company’s results of operations. 2. Solvency – its ability to pay its obligation to debtors and other third parties in the long-term. 3. Liquidity – its ability to maintain positive cash flow, while satisfying immediate obligations. Both 2 and 3 are based on the company’s balance sheet, which indicates the financial condition of a business as of a given point in time. 4. Stability – the firm’s ability to remain in business in the long run, without having to sustain significant losses in the conduct of its business. Assessing a company’s stability requires the use of both the income statement and the balance sheet, as well as other financial and non-financial indicators.

INTRODUCTION 3 1. The Duties of Financial Specialist 4 2. How private financiers see development and business growth 6 3. Education as a way of business growth and development 11 CONCLUSIONS 18 BIBLIOGRAPHY 19

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