Financial planning is critical to business success

1. Financial Planning for Business
What You Need to Know

2. Financial planning is
critical
to business success

3. Every business needs to have plans in
place for tax strategies, assets and
liabilities, marketing and advertising,
overhead costs, expenses, and more.

4. Planning allows companies to
forecast and predict future sales,
events, and potential revenue increases
or decreases.

5. Business is complicated and it gets
easier with each element of structure
and organization that you add, such as
financial planning

6. o What the business can afford
o How it’s going to afford the expenses
o What the expected profits of the business are
o Expected losses or costs
o Cash flow and forecasting
What does financial planning
cover?

7. If you know where your money is going, you can
easily see where your business is going.
That’s why financial planning is so
important.
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