Personal Finance (The Mcgaw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Personal Finance (The Mcgaw-hill/Irwin Series in Finance, Insurance, and Real Estate)
11th Edition
ISBN: 9780077861643
Author: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes
Publisher: McGraw-Hill Education
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Chapter 1, Problem 1.5PQ2
Summary Introduction

To explain:

The purpose of financial plan.

Introduction:
Financial planning refers to the planning related with the financial aspects of a business or a house hold. It includes the planning of financial resources and their management. It includes the full utilization of all the financial resources to gain the maximum profit and wealth.

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Cost control, Why cost control is necessary for a business?; Author: Educationleaves;https://www.youtube.com/watch?v=yMg3gJx48Fg;License: Standard youtube license