2017 | OriginalPaper | Buchkapitel
9. Financial Planning and Forecasting
verfasst von : Joshua Yindenaba Abor
Erschienen in: Entrepreneurial Finance for MSMEs
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Abstract
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• explain the concept of financial planning and the financial planning process
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• understand how to prepare a cash budget
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• appreciate how to prepare a sales forecast for an existing business
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• understand how to prepare a sales forecast for a new business
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• show the interrelationship between planning, budgeting and forecasting
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• illustrate how to project financing needs and growth of MSMEs
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• explain how to project financing needs using break-even analysis
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• identify the determinants of MSMEs’ financing needs