MANAGEMENT

Detailed explanation-1: -Financial goals comprise earning, saving, investing and spending in proportions that match your short-term, medium-term or long-term plans.

Detailed explanation-2: -Proper allocation of resources: Ensuring that the right resources are available to achieve desired objectives. Controlling costs: Keeping operational costs low to maximize profits. Efficient capital structure: Setting up an effective system to manage existing and future debt, equity, and other financial tools.

Detailed explanation-3: -Examples of financial goals Paying off debt. Saving for retirement. Building an emergency fund. Buying a home.

Detailed explanation-4: -Business financial goals take many forms. They can be decidedly short-term and tangible, for example, saving money to buy a piece of equipment. They can also be longer-term and more numerical, such as achieving a certain profit margin over the course of a financial year.