Five Limitations of Financial Planning

Planning is the road map to achieving an organization’s short and long term goals. Financial planning is the core part of every business plan as it estimates the needs of total funds and identifies the resources needed for the generation of funds. Financial planning...

Five Purposes / Objectives of Financial Planning:

Financial Planning: Financial planning is the process of estimating future needs of a business or project in terms of required investment, resources for generating funds, and efficient administration of these funds. Financial planning is usually done for long term...

Financial planning: What is it?

A financial plan is a projection of the expected incomes and expenses of a firm. It can be on an annual basis, semiannual, or quarterly depending on the firms’ goals and objectives. A financial plan can be in the form of budgets. A financial plan can include...