what is financial strategy and there elements?
Share
what is financial strategy and there elements?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Explanation:
Strategic financial management is the study of finance with a long term view considering the strategic goals of the enterprise. Financial management is nowadays increasingly referred to as "Strategic Financial Management" so as to give it an increased frame of reference
There are five elements of financial strategic plan:
Corporate Structures. Traditionally, business structures start with a sole trader and end with a company. ...
Agreements. Situations change. ...
Accurate Profit and Loss Budgets. ...
Accurate Cash Flow. ...
Budgeting.