What is financial planning

[Johnson2468]

Financial planning is a key component of effective business management , which can aid organizations in achieving their long-term goals and objectives.

 

[cherry123]

This is all about financing a business well. you have your financial plan and try to execute them. you just need to meet all your financial goals.

 

[nomad]

You need budgeting skills to plan your financials well. You need need money management skills

 

[uptrendfinancialsignal]

Financial planning are crucial because it is what will ensure that you do not overspend and go beyond your budgeting.

 

[Shavkat]

Financial planning is related to financial management. At some point, it is one part of the business management. Accounting department can do their part in monitoring this.

 

[Springtime]

Financial planning determines how best to use the company’s financial resources in pursuit of the organization’s short- and long-range objectives. That may involve budgeting, cash flow management.

 

[Reedex]

Financial Planning is very important for each and every businesses and individuals.