ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

FINANCIAL PLANNING AND ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A comprehensive strategy designed to help individuals achieve specific financial goals and prepare for unexpected life challenges or events.
A
Financial Plan
B
Budget
C
Wealth Management
D
Investment
Explanation: 

Detailed explanation-1: -At the most basic level, a budget is a way to keep track of the money you are getting and the money you are spending.

Detailed explanation-2: -The main elements of a financial plan include a retirement strategy, a risk management plan, a long-term investment plan, a tax reduction strategy, and an estate plan.

Detailed explanation-3: -Overview of Strategic Financial Planning During an organization’s planning cycle there will be models supporting different types of planning processes such as sales planning, headcount planning, revenue and expense planning, and capital planning. These models are designed to collect data at the micro level.

There is 1 question to complete.