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Analyse the importance of financial planning in business

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Prepare a report on Finance Management

1. Analyse the importance of financial planning in business

  • Explain the financial and legal aspects of financial planning activities in business
  • Describe the meaning and function of costs, revenues and profits in business
  • Describe the importance of break-even analysis, break-even point and contribution in business
  • Explain the importance of cash-flow forecasting and cashflow statements in business
  • Explain the role of Income Statements in Financial Reporting in business

2 Analyse the the importance of of using Income Statements and Balance Sheets in business

  • Explain the role of Balance Sheets in Financial Reporting in business
  • Explain the role of working capital in business

3 Analyse the importance of measuring financial performance in business

  • Describe the role of measuring financial performance and profitability in business

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The given solution is prepared in MS Word following Harvard referencing and in-text citation. It contain about 1250 words. It include cover page, explanation and references. This is a verified solution.

Reference no: EM131066199

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