Strategic Plan
a) Setting broad objectives of the enterprise
b) Defining specific enterprise goals
c) Formulating enterprise strategies
d) Circulating management's planning instructions
Financial Plan
a) Long-term financial plan
* Sales, costs and profit projections
* Major projects and capital additions
* Cash flow and financing
* Personnel requirements
b) Short term annual budgets
* preparing operating budgets like sales budget, production budget, material and purchase budget, labor budget, manufacturing overhead budget, administrative expense budget, and distribution expense budget.
* Preparing financial position budgets like proforma income statement, proforma balance sheet, cash flow plan, performance reports, and follow-up, corrective action and re-planning report.
a) Setting broad objectives of the enterprise
b) Defining specific enterprise goals
c) Formulating enterprise strategies
d) Circulating management's planning instructions
Financial Plan
a) Long-term financial plan
* Sales, costs and profit projections
* Major projects and capital additions
* Cash flow and financing
* Personnel requirements
b) Short term annual budgets
* preparing operating budgets like sales budget, production budget, material and purchase budget, labor budget, manufacturing overhead budget, administrative expense budget, and distribution expense budget.
* Preparing financial position budgets like proforma income statement, proforma balance sheet, cash flow plan, performance reports, and follow-up, corrective action and re-planning report.
.jpg)