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Business strategy
Benefits of having a Business Financial Plan
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[QUOTE="raaman, post: 339687, member: 23419"] Having a financial plan for your business is always good. If you have a financial for your business, you can identify the main investment made, further additional investment if any required, establish and manage the economic resources available to you, point out the real costs of operating the business, know the future financial needs of the business and evaluate financing methods. What additional use does the financial plan have? In addition to giving a concrete structure to the business, the financial plan can be very useful when you decide to look for new business opportunities or even new business investors. This document called financial plan shows you the value that the business has and what the business could achieve in future. [/QUOTE]
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