Financial Planning

• Financial Analysis • Financial Projections/Budgeting • Debt and Equity Financing

FINANCIAL PROJECTIONS/BUDGETING

Planning and controlling expenditures must occur together – both are needed if either is to be achieved. A plan without control would be like flying an airplane and saying, "I hope we arrive in San Diego." You must have a roadmap (budget) of where you want to go, check your progress along the way, and make appropriate corrections when necessary to increase the profitability of the company.