Difference between business finance and corporate finance?

Business finance and corporate finance are related concepts, but they differ in scope and focus. Business finance generally refers to the broader financial activities and decisions made by businesses of all sizes, including managing day-to-day finances, obtaining working capital, budgeting, and making investments. It encompasses the financial operations necessary to run a business efficiently. In contrast, corporate finance is a subset of business finance that specifically deals with the financial management of large corporations and typically involves decisions related to capital structure, mergers and acquisitions, issuing stocks and bonds, dividend policies, and overall strategic financial planning at the corporate level. While business finance is a more comprehensive term applicable to businesses of all scales, corporate finance is a specialized discipline primarily relevant to large, publicly traded companies.