HOW TO BUILD A FINANCIAL PLAN FOR YOUR SMALL BUSINESS?

Hey people,

I had never seen a financial plan in my life until I met the bookkeeper of my company. Being a marketing executive, I have little knowledge of accounting. However, when I started understanding my marketing budget, I became inquisitive. A financial plan is a fantastic tool that helps the business owner and the management understand how much money they can spend in a quarter and how much they are expected to generate through sales. It gives various other details like the cash flow forecast and the break-even analysis. Thus, the business owner cannot make financial mistakes. Here is an article that will give you further details.