Case Analysis of Financial Planning —— The Role of Financial Planning in Business Planning
A comprehensive financial plan can play the following roles in the process of entrepreneurs seeking financial help:
First, a good financial plan can not only explain the expected capital demand of start-ups, but also put forward the capital demand plan of start-ups. These data are crucial to improve the possibility of entrepreneurs obtaining funds. The provision of capital demand can let investors know their investment costs, and the capital demand plan can let investors know when entrepreneurs need funds and how much they need respectively. Because many investors may want to invest money gradually, instead of investing a lot of money when the company is just established. Therefore, the data provision of planned capital demand can attract investors' attention. It is also more conducive to investors to make investment decisions.
Second, a good financial plan can enhance investors' investment confidence. Financial planning can let investors know the operating conditions of enterprises and grasp the financial risks of investment. By analyzing the financial statements provided by the financial plan, investors can better understand the financial situation and operating results of the enterprise; Understand the capital structure of enterprises; Understand the cash flow of the enterprise; Understand the growth rate of enterprise sales revenue; Understand the channels through which enterprises can obtain income, what necessary payments are needed, and whether the available cash inflows can meet their daily cash outflows. And then grasp the financial risk of investment as a whole.
Third, a good financial plan can reflect the good management level of the enterprise. Clear and definite financial data can only be provided by a financial system with complete structure and clear division of responsibilities. Therefore, a good financial plan can reflect the management level of entrepreneurs from another aspect. On the contrary, if the financial plan is not fully prepared, it will give investors the impression that enterprise managers are inexperienced, reduce the evaluation value of risky enterprises, not only increase the difficulty of enterprise financing, but also increase the operational risk of enterprises.
Fourth, a good financial plan can support the specific direction and focus set by the business plan for the development of the enterprise. It can not only enable employees to understand the business objectives of the enterprise and motivate them to work hard for the & objectives, but also enable investors, suppliers and sellers of the enterprise to understand the business conditions and business objectives of the enterprise and convince investors & Old or new? Provide funds for the further development of enterprises.
Case analysis of financial planning II. The role of financial planning in grain purchase and sale enterprises
Grain financial plan refers to a comprehensive budget that comprehensively reflects the expected income and expenditure, operating results and financial status of grain buying and selling enterprises in the planned period in monetary form, including grain and oil commodity sales income plan, sales cost plan, sales gross profit plan, total cost budget of grain buying and selling enterprises, profit plan, etc. It comprehensively reflects the business objectives and economic indicators of grain buying and selling enterprises in the planned period, and can adjust the financial relationship between various departments within the enterprise, which is the basis for controlling the daily economic activities of the enterprise and assessing the operating results of the enterprise.
First, the role of financial planning in grain purchase and sale enterprises
(a) financial planning is the prior management of the business activities of state-owned grain purchase and sale enterprises. The establishment of practical plans by enterprises can enhance the foresight of enterprise management, enable them to predict the changing situation in advance and ensure the realization of expected performance and economic management indicators of enterprises.
(2) Financial planning is the follow-up management of grain purchase and sale enterprises, which is conducive to prompting enterprises to adjust their business strategies. In order to ensure the completion of the plan, all departments and employees should check the implementation of the plan at any time in the daily business activities of the enterprise, always pay attention to the differences between the actual and the plan, analyze the reasons for the differences in time, take effective corrective measures, and adjust the business strategy of the enterprise, thus ensuring the completion of the predetermined goals and tasks.
(3) Financial plan is the quantitative management of grain purchase and sale enterprises, and it is the basis for enterprises to determine and evaluate their performance. Any financial plan is to set a goal in advance, and then in the process of implementation, the feedback data will be used to see whether the results are carried out according to the established goals, and it will also be used as a basis for evaluating the actual effect. Only by taking the expected performance and management indicators of financial plan as the basis for evaluating the performance of enterprise management and employees can there be real reliability.
(D) The financial plan is a reasonable and comprehensive management of the business activities of grain buying and selling enterprises, which is conducive to the intuitive reflection of the management contents of enterprises and the mutual communication and coordination between enterprises.
Two, the grain purchase and sale enterprises to implement financial planning management steps
(A) the preparation of financial plans
Whether the financial plan is scientific, reliable, targeted and operable depends largely on whether the data and information it is based on are true and complete. In order to obtain the detailed data and materials needed for the preparation of financial plans, while sorting out and analyzing the existing accounting materials, we should seriously investigate and study, discard the rough and select the fine, discard the false and retain the true, earnestly do a good job in forecasting various economic indicators and business objectives, and extensively solicit and adopt the opinions of management and employees, so as to make financial plans have a solid mass base. Financial planning is a guide to future business activities, so the indicators of financial planning should not only reflect the business objectives and economic indicators of enterprises, but also have the possibility of realization. It should be forward-looking and leave room. At the same time, the financial plan involves the objectives and revenues and expenditures of various departments and grain management offices of the enterprise, and these departments and grain management offices are interrelated and mutually restricted. Through the realization of the overall goal, the relationship between them should be coordinated, so the index level of financial plan should be clear.
(B) the implementation of the financial plan
According to the prepared financial plan, the economic indicators will be decomposed and implemented in all business links such as grain and oil procurement, sales, storage and processing, so that all business links will undertake certain economic indicators and business objectives and tasks, and ensure that all economic indicators of the financial plan are implemented. Grain buying and selling enterprises should always grasp the completion of economic indicators in business activities, establish and improve the assessment system, conduct irregular inspection and supervision, find problems, analyze reasons, adjust business strategies and management measures in a timely manner according to market conditions, and promote the completion of various economic indicators and business objectives and tasks. By comparing the actual performance with the financial budget indicators, we can not only determine the efficiency of the enterprise, but also confirm the responsibility of all employees for performance, enhance the sense of responsibility and urgency of employees to achieve economic indicators, and urge enterprises to further improve their operations, strengthen management and improve efficiency. So as to ensure the healthy and stable development of enterprises.
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