BUSINESS planning start from planning about your BUSINESS GOAL and available resources and plan to create resources for completing your BUSINESS need.
Financial planning helps you to control your finance and use is for better product or service development
Need of financial planning is necessary even WHEN YOU HAVE FEW FINANCIAL RESOURCES TO ACHIEVE YOUR BUSINESS GOAL .
You should understand your financial position before taking any unnecessary financial risk.
BEFORE STARTING NEW BUSINESS OR NEW PROJECT YOU SHOULD HAVE A clear picture of BUSINESS GOALS AND SUB GOALS
Create Business Fund
learn how to Create Business Fund before start of new business and how to prepare budget for project and fund require for business
FIND OPPORTUNITY IN HIGH GROWTH AREA
Current Growth Area
Define Current Growth
Define Next Growth Area
FIND OPPORTUNITY INTO NEW MARKET
Built High Quality Product Experience
USE OF FINANCIAL ANALYSIS TO FOCUS ON HIGH QUALITY EXPENSES WHICH WILL GIVE YOU MORE GROWTH AND PROFIT IN LONG TERM .
RATHER THAN FOCUS ON SHORT TERM RESULT FOCUS ON LONG TERM FINANCIAL PERFORMANCE OF PRODUCT AND SERVICES
Manage Business Debt
- DEFINE LOW DEBT BUSINESS
- DEFINE PERFECT DEBT BUSINESS
- DEFINE HIGH DEBT BUSINESS
- DEFINE ZERO DEBT BUSINESS