Explain the role of financial planning in financial management?
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Financial planning (business) Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. ... 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.
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☆ Financial planning (business) Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives.
☆ 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.
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