Financial Planning in an Engineering Business
Title: Financial Planning in an Engineering Business
Category: /Recreation & Sports
Details: Words: 6562 | Pages: 24 (approximately 235 words/page)
Financial Planning in an Engineering Business
Category: /Recreation & Sports
Details: Words: 6562 | Pages: 24 (approximately 235 words/page)
Introduction
Financial planning is a dynamic process that deals with allocation of various financial resources in order to meet strategic goals and objectives of the business. Financial planning involves planning for finance and planning for operations. Operation managers are concerned with sales and production whereas financial planners are interested in financing the operations nevertheless financial planning is considered to be one single process that encompasses both operations and financing.
The Financial Planning process starts with
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