DR.AMBEDKAR ARTS AND COMMERCE COLLEGE YERWADA, PUNE-06 M.COM (II) 2019 CREDIT PATTERN NAME OF THE SUB: BUSINESS FINANCE NAME OF THE STUDENTS:- Mahesh uttam wabale ROLL NUMBER :- { } NAME OF THE TOPIC:- STRATEGIC FINANCE PLANNING NAME OF THE GUIDE:- PROF .SHINDE S.S SIR
STRATEGIC FINANCE PLANNING OBJECTIVES Financial strategic objectives are created to help companies make projections for profits, shape budgets and measure costs for their organization. Strategic planning helps firms prepare proactively and address issues with a more long-term view. They enable a company to initiate influence instead of just responding to situations. The objective of financial planning is to make sure you have the money to achieve it all. Having a good financial plan means resources have been allocated towards achieving your goals in a systematic manner.
How to create a strategic financial management and planning process Define objectives and goals. Make financial objectives that are specific, measurable, and have a timeframe. ... Gather data. ... Analyze company data. ... Develop and share the plan. ... Implement & Manage. ... Tracking Success.
limitation of financial planning Lack of alignment and communication: Financial planning can face limitations of alignment and communication between different departments or stakeholders within an enterprise. It can potentially result in conflicting goals and ineffective decision-making. .
STRATEGIC FINANCIAL PLANNING CAPITALIZATION A capitalization plan helps organizations identify the range of needs that a capital campaign should address and make strategic choices about what they can realistically raise and therefore, do. Such a plan would have directed this organization to include funds for some or all of the following in its fundraising strategy: 2-3 years of flexible capital sufficient to cover temporary operating deficits post expansion, until regular revenue catches up with expenses working capital adequate to cover low cash months of the year several months of cash to respond to opportunities and weather unforeseen risk a board-designated reserve for future improvements to both facilities As it stands, the organization’s creativity, resiliency and relevance are in jeopardy. Liquidity is depleted. Adaptability can no longer be strategic. Durability is in question .