Definitions for financial planning
fi·nan·cial plan·ning

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1. Financial planning

   Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Usually, a company creates a Financial Plan immediately after the vision and objectives have been set. The Financial Plan describes each of the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the timeframes involved. The Financial Planning activity involves the following tasks;- ⁕Assess the business environment ⁕Confirm the business vision and objectives ⁕Identify the types of resources needed to achieve these objectives ⁕Quantify the amount of resource ⁕Calculate the total cost of each type of resource ⁕Summarize the costs to create a budget ⁕Identify any risks and issues with the budget set Performing Financial Planning is critical to the success of any organization. It provides the Business Plan with rigor, by confirming that the objectives set are achievable from a financial point of view. It also helps the CEO to set financial targets for the organization, and reward staff for meeting objectives within the budget set. The role of financial planning includes three categories: 1. Strategic role of financial management: 2. Objectives of financial management: 3. The planning cycle:

How to pronounce financial planning?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say financial planning in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of financial planning in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of financial planning in Pythagorean Numerology is: 3

Examples of financial planning in a Sentence

1. Robert Shapiro:

   GDP is the only standard gauge we have of the pace and direction of the overall economy and its major components, and the measures that comprise it help shape long-term business and financial planning and short-term investment algorithms.

2. Chris Spence:

   Financial planning is still relatively expensive and available to small portions of people. We haven't provided education enough for people to figure it out themselves.

3. Eric Widera:

   Financial impairment is often one of the earliest clinical signs of emerging dementia, that often goes undiagnosed, it becomes exceedingly important that when these diagnoses are made, and when individuals still have the ability to make decisions, to think about things like advanced financial planning – assigning someone such as a family member to make designated financial decisions on their behalf.

4. Katie Libbe:

   It’s been widely reported that baby boomers are worried about their retirement, but the financial planning and retirement concerns of Generation X have gotten less attention, while our study confirms that many boomers still lack confidence about their future, it reveals alarming realities about the significant angst and pessimism Gen X feels regarding the current and future state of their finances. They’re the next generation that’s quickly approaching retirement and their hands-off approach to planning and preparation is alarming.

References

1. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=financial planning