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What is a Financial Plan? What Are Its Objectives? - Entrepreneurship

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प्रश्न

What is a financial plan? What are its objectives? 

थोडक्यात उत्तर

उत्तर

Financial plan is a process of determining firm’s financial needs or goals for the future and the means to achieve them. Objectives of financial plan:
(i)To assess the amount of finance needed by enterprise.
(ii)To develop suitable capital structure for the enterprise.
(iii)To make the policies related with the finance for the enterprise.
(iv)To safeguard the enterprise for financial risk.

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Business Plan - Financial Plan
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पाठ 2: Enterprise Planning - Long Answers (250 words) [पृष्ठ ८८]

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सीबीएसई Entrepreneurship Class 12
पाठ 2 Enterprise Planning
Long Answers (250 words) | Q 3 | पृष्ठ ८८
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