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What Is The Base Of Long-term Planning?

Under present conditions long-term financial planning covers the period from one year to three years. Long-term planning consists of developing the financial strategy of the enterprise and financial forecasting activities. The financial strategy of the enterprise is a definition of long-term goals of financial activity of the company and choosing the most effective ways to [...]

The Process Of Forming The Financial Strategy

The process of forming the financial strategy of the enterprise consists of the following steps:
 definition of the strategy period;
 analysis of factors influencing the external environment company;
 formation of the strategic objectives of financial activity;
 Development of the financial policy of the company;
 Development [...]

Something New About Current Financial Planning

Current financial planning is an integral part of the long-term plan. It is based on the established financial strategy and financial policies on certain aspects of financial activity and represents a specification of its parameters. Developing specific types of ongoing financial plans allows the company to define the coming period, all sources of funding for [...]

Types Of The Financial Planning

According to the time of writing financial plans can be divided into: introductory (organizational), current (operational), reorganized (anti-crisis), unifying (connectors, plans of merging), separating and liquidation plans.
Introductory (organizational) financial plans are formed by the date of the organization of the company.
Current (operational) financial plans are drawn up periodically throughout the period of operation [...]

The System Of Business Planning

Under current economic conditions, the survival of businesses, not to mention their development, largely depends on the level of strategic planning. Only with a clear view about the goals of the company, their timely adjustment according to the changes in the external environment, a clear distribution of material and human resources can ensure the success [...]

Planning Business Makes Your Life Better

Proceeding from the specifics of the operation there are strategic, tactical and operational plans. In this case, two-, three-year development plan of the enterprise should include the following sections:
• Concept of Development (main trends of development, the objectives of enterprise resources and their use);
• a plan of production activities;
• [...]

Types Of Financial Planning And Financial Plans

As a rule a long and overly detailed description of the general issues makes you yawn, it has little use in practical terms, and the main effect of these definitions is that they are forced the readers to be tired and criticize severely these authors. In order not to fall into the same bad situation, [...]

Financial Planning And Its Basic Technological Principles

From the general point of view, one can distinguish the following levels of financial planning: long-term (investment) and short-term (current) planning.
Short-term financial decisions are usually easier to take than long-term. However, this does not mean that they are less important. The company can develop a very attractive investment project to determine the optimal ratio [...]

Budget Planning Of Advertisement Program

There are two basic approaches of setting the advertising budget – analytical and nonanalytical.
As researches show the vast majority of businessman use non-analytic methods, which are based on experience or on simplified decision rules. Judging by the frequency of use, the most important method of this kind is the orientation in determining the budget [...]