The projection of sales, income, and assets based on alternative production and marketing strategies, as well as the determination of the resources needed to achieve these projection is called financial planning.
Topic: Financial Planning, Cash Flow and Forecasting
Course Title: Financial Management
Study Level: MBA, BBA or any business related Bachelor or Honors Program's students
Contributor: Zulfiqar Hasan, Associate Professor of Finance
Financial Planning is the process of estimating the capital required and determining it’s competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.
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