Business Studies, asked by johnmarkmercado1014, 7 months ago

why we need a financial planning for business​

Answers

Answered by HarshAditya098
2

Answer:

Financial planning creates a revenue model.

Tracking your cash flow and comparing it with your financial plan helps you analyse where your business is currently at. Having a plan allows you to measure actual progress relative to where you envisioned it to be at the beginning of your financial year.

Explanation:

Answered by vinaysharma58
1

Financial planning creates a revenue model.

Tracking your cash flow and comparing it with your financial plan helps you analyse where your business is currently at. Having a plan allows you to measure actual progress relative to where you envisioned it to be at the beginning of your financial year.

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