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What activities do businesses consider in their long-term financial plans?

What activities do businesses consider in their long-term financial plans?

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Answer #1

Ans: Activities to be consider in their long-term financial plans:

1. Objects and goals of the business.

2. Diversification of business in longer run.

3. Strategy for combating new and existing competitors.

4. Aquisition or planning of major capital expenditure for further growth of business.

5. Repayment of major long term liabilities considering their due period and expected outflows.

This are the few activities to be considered in long term financial planning.

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