ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

FINANCIAL PLANNING AND ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A(n) ____ contains personal and financial goals you want to accomplish along with steps and a timeline for reaching these goals.
A
portfolio
B
financial plan
C
stock binder
D
business plan
Explanation: 

Detailed explanation-1: -Financial Plan. Contains personal and financial goals you want to accomplish along with steps and a timeline for reaching these goals. Personal Goals. Are the things you want to achieve in your life. Financial Goals. Short-term Goals. Medium-term Goals. Long-term Goals. Timeline. Benchmarks. More items

Detailed explanation-2: -Key short-term goals include setting a budget, reducing debt, and starting an emergency fund. Medium-term goals should include key insurance policies, while long-term goals need to be focused on retirement.

Detailed explanation-3: -List and prioritize your financial goals. Take care of the financial basics. Connect each financial goal to a deeper motivation. Make a financial plan to reach your financial goals. Revisit your financial goals regularly.

There is 1 question to complete.