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The Financial Plan – A Defining Element in Drawing Up a Business Plan

Anca Jarmila Guţă ()
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Anca Jarmila Guţă: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2016, vol. 16, issue 2, 21-28

Abstract: This paper highlights the need for a financially well structured and based in the preparation of any business plan because it focuses on the financial section of the final SOCP any business that is making a profit. To highlight the importance of the financial plan presented in the paper there are the financial objectives of a business plan.

Keywords: financial plan; business plan; business; entrepreneur; weather; finance; forecasting; financial risks (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:16:y:2016:i:2:p:21-28

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