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Corporate Financial Planning
Corporate financial planning can be defined as the process of determining or preparing both the short-term and long-term financial goals of the company.
Corporate finance planning showcases a company’s financial needs and objectives for the future, and also helps in achieving them.
Usually, a company’s financial plans are set the moment the mission and vision of the company are defined, as the financial plans involves all the process, activities, materials, equipment’s and resources which would be required by the company to achieve these objectives.
Now, sometimes a question arises that what tasks are involved in a financial planning activity. The answer to this question is as follows:
Corporate financial planning is very important for any kind of business because these process not only plans the short or long-term financial plans, but this also defines the overall business goals and also determines how to achieve these objectives.
Financial planning includes the following three categories:
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