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Long term financial planning

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Why is long range financial planning critical to an organization's future?
How do firms decide on objectives and targets?
What are some methods for satisfying an organization's long-term capital needs?
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The expert determines why long range financial planning is critical to an organization's future.

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Long range financial planning is extremely critical for an organization's future because sound planning in advance ensures that an organization is able to meet its financial requirements in the future with ease and does not face budgetary shortages. In other words, long term financial planning provides financial stability to an organization and allows it to progress ahead without any shortage of capital. It also helps in ...

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