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

Author

Listed:
  • Anca Jarmila Guţă

    (University of Petroşani, Romania)

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.

Suggested Citation

  • Anca Jarmila Guţă, 2016. "The Financial Plan – A Defining Element in Drawing Up a Business Plan," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(2), pages 21-28.
    • Handle: RePEc:pet:annals:v:16:y:2016:i:2:p:21-28
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    File URL: https://www.upet.ro/annals/economics/pdf/2016/part2/Guta.pdf
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    More about this item

    Keywords

    financial plan; business plan; business; entrepreneur; weather; finance; forecasting; financial risks;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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