Question

what are the features of financial planning?

Answer 1

The following are some of the basic features of financial planning:-
i. It involves designing the blueprint of of a company’s financial operations.
ii. This ensures availability of the right amount of funds at the right time, thereby confirming the smooth functioning of the company.
iii. Generally, it is done for a period of three to five years.
iv. It starts with the preparation and analysis of sales forecast.