What are advantages and disadvantages of long-range financial planning? What do non-profit organizations do to improve long-range financial planning?© BrainMass Inc. brainmass.com June 4, 2020, 2:31 am ad1c9bdddf
What are advantages and disadvantages of long-range financial planning?
- The advantages include that it benefits the organization, because they have a sound long-tern financial investment strategy in place. This allows the entity to grow streams of income in the long-run. The more money that the entity can generate, the more funding they will have in reserves as it is needed for various projects or expenses. It also can allow management to see where extra ...
The solution discusses the advantages and disadvantages of long-range financial planning, and how non-profit organizations can improve long-range financial planning.