FINANCIAL RESOURCES OF THE ENTERPRISE AND SOURCES OF THEIR FORMATION: THEORETICAL ASPECTS

The purpose of the article is to investigate and reveal the issue that concerns the financial resources of the enterprise and the source of their formation in modern conditions. It is noted that financial resources are an integral part of the functioning of any enterprise. They not only ensure the stable functioning of the enterprise, but also determine its potential for development in modern conditions. The classification of the enterprises financial resources and their sources and methods of formation play an important and special role in the strategic management of the enterprise, in particular: effective management of the enterprises financial resources can significantly increase its competitiveness on the market; studying the sources of formation of financial resources allows the enterprise to maximize profitability and optimize costs; understanding the classification of financial resources allows the enterprise to better adapt to changes in the economic business environment; focusing on the formation of a stable financial functioning mechanism helps the enterprise to avoid financial crises and adverse situations; constant analysis and control of financial resources is a key element of successful enterprise management in conditions of constant changes in the market. The conclusion is formulated that the financial resources of the enterprise are an important component of its successful activity and development. It was established that the classification of financial resources according to various criteria, such as the term of use, sources of formation and functional purpose, allows to effectively manage them, that is, financial resources. Short-term resources are intended to be used within a year or less, including cash for operating needs, while long-term resources are used for more than one year, such as fixed assets, long-term investments, and loans. Sources of resource formation include own, loan and investment sources, with each of them associated with different financial risks. In addition, resources can be divided into operational and investment, where the first are used for the day-to-day needs of the enterprise, and the second — for its development and expansion. Understanding and combining various sources of financial resources formation helps enterprises to ensure stability and growth in a competitive business environment. In the future, it is recommended to investigate strategies for minimizing risks and ensuring the financial stability of the enterprise.