Question

How is financial plan useful to investors?
Or
The financial plan gives a clear picture of which aspects to the investors and the entrepreneur?

Answer 1

Explanation:

It allows you to manage your finances in such a way that you link it to your goals. Making a standalone investment in a life insurance product means nothing if you do not know the amount of cover you need, or whether the maturity proceeds are adequate, or whether you need a life cover

Answer 2

Answer:

helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.

Explanation:

A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.