In a financial plan, forecasting determines the amount of funding the firm will need over various periods and the most appropriate sources for obtaining those funds.
Firm need long-term capital to purchase expensive assert such as plant and equipment, to develop new products, or perhaps finance their expansion. In major corporations, the board of directors and top management usually make decisions about long-term financing , along with finance and accounting executives.
Owners of small and medium-sized business are almost always actively engaged in analyzing their long-term financing decisions. As we note earlier long-term funding comes from two major sources, debt financing and equity financing. Let's look at these sources next, but first check out the reaching beyond our borders box to learn why a sources of long-term funding is raising eyebrows in the financial community
In a financial plan, forecasting determines the amount of funding the firm will need over various periods and the most appropriate sources for obtaining those funds. Firm need long-term capital to purchase expensive assert such as plant and equipment, to develop new products, or perhaps finance their expansion. In major corporations, the board of directors and top management usually make decisions about long-term financing , along with finance and accounting executives. Owners of small and medium-sized business are almost always actively engaged in analyzing their long-term financing decisions. As we note earlier long-term funding comes from two major sources, debt financing and equity financing. Let's look at these sources next, but first check out the reaching beyond our borders box to learn why a sources of long-term funding is raising eyebrows in the financial community
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