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    Business and Financial Planning

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    Ahmad Khan
    The document discusses financial planning and creating a financial plan. It explains that a financial plan shows how strategies come together profitably and should include a balance sheet, income statement, and cash flow statement which outline assets, liabilities, equity, revenues, costs, and operating, investing, and financing activities. The document also mentions that financial planning is an ongoing process to help make sensible money decisions to achieve life goals.

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    Business and Financial Planning

    Uploaded by

    Ahmad Khan
    6 views8 pages
    The document discusses financial planning and creating a financial plan. It explains that a financial plan shows how strategies come together profitably and should include a balance sheet, income statement, and cash flow statement which outline assets, liabilities, equity, revenues, costs, and operating, investing, and financing activities. The document also mentions that financial planning is an ongoing process to help make sensible money decisions to achieve life goals.

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    lecture 5

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    The document discusses financial planning and creating a financial plan. It explains that a financial plan shows how strategies come together profitably and should include a balance sheet, income statement, and cash flow statement which outline assets, liabilities, equity, revenues, costs, and operating, investing, and financing activities. The document also mentions that financial planning is an ongoing process to help make sensible money decisions to achieve life goals.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    6 views8 pages

    Business and Financial Planning

    Uploaded by

    Ahmad Khan
    The document discusses financial planning and creating a financial plan. It explains that a financial plan shows how strategies come together profitably and should include a balance sheet, income statement, and cash flow statement which outline assets, liabilities, equity, revenues, costs, and operating, investing, and financing activities. The document also mentions that financial planning is an ongoing process to help make sensible money decisions to achieve life goals.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 8

    Business and

    Financial Planning
    What is financial planning?
    Financial Planning is an ongoing process
    to help you make sensible decisions
    about money that can help you achieve
    your goals in life
    Financial Plan
    • Shows the reader how all the ideas, concepts and
    strategies described elsewhere come together in a
    profitable way.
    • The plan should include pro forma:
    – Balance sheet
    – Income statement
    – Cash flow statement
    • Financing required and sources
    Financial Plan
    • Balance Sheet
    – Assests
    – Liabilities
    – Equity
    • Income Statement
    – Revenues – Cost of Goods Sold = Net Income
    • Cash Flow Statement
    – Operating Activities
    – Investing Activities
    – Financing Activities
    Financial Plan
    • Income Statement
    – Revenues – Cost of Goods Sold = Net Income
    It’s a six step process…
    Plan your finances for the future you want

    •What are your goals in life, in short, medium and long term?

    •Can you prioritise them?

    •What is the likely cost of those goals and when you need the
    money?
    a n k
    h
    T u!
    Y o

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