Learn the definition of financial planning, the main considerations when preparing financial plans and the methodology to prepare financial plans.
A group of potential investors are interested in the business of software resale and before investing in our firm, Business Information Systems Limited (BIS Ltd.), they need to know about the market, key managerial staff, how the business will generate cash to pay for its running expenses, when the investment will be recovered, how may licenses need to be sold before starting to generate profits, and finally how profitable will be the business.
Additionally, a risk analysis has to be performed on whether the stated financial targets of liquidity and profitability can be obtained. Most of all the risk analysis has to measure whether the enterprise will survive in
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