{"id":8581,"date":"2022-01-26T13:00:16","date_gmt":"2022-01-26T17:00:16","guid":{"rendered":""},"modified":"2024-03-13T18:45:52","modified_gmt":"2024-03-13T22:45:52","slug":"how-to-build-an-effective-financial-plan-for-your-business","status":"publish","type":"post","link":"https:\/\/boyerandboyer.ourclienthub.com\/fr_ca\/how-to-build-an-effective-financial-plan-for-your-business\/","title":{"rendered":"How to Build an Effective Financial Plan for Your Business"},"content":{"rendered":"

Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming financial issues. It can also make you more prepared to request funding or find investors so you can bring more money into your business.<\/p>\n

Although many business owners are aware that financial planning is important, it is often overlooked. Without a financial plan, however, you could find your business doesn\u2019t make the money you expected it to\u2014or you could wind up with unanticipated expenses and no way of paying for them.<\/p>\n

Here are some steps to take to build an effective financial plan for your business.<\/p>\n

1. Set your goals<\/h3>\n

\"Goals\"<\/p>\n

You need to know where your business is now and where you want it to be so you can develop a financial strategy to move forward. At least once a year, ask yourself important questions so you can plan for what\u2019s to come. Among the questions to ask:<\/p>\n