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Financial plan |
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Financial plan A blueprint relating to the financial future of a firm. Financial plan. A financial plan is a document that describes your current financial status, your financial goals and when you want to achieve them, and strategies to meet those goals. You can use your plan as a benchmark to measure the progress you're making and update your plan as your goals and time frame change. Financial planners and other investment professionals can help you create a plan, identify appropriate investments and insurance, and monitor your portfolio. You may pay a one-time fee to have a plan created, or it may be included as part of a fee-based account with a stockbroker or investment adviser. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Tokyo, Japan, Apr 21, 2006 - (JCN Newswire) - NEC Corporation today revised its financial forecast for the fiscal year ended March 31, 2006, which was previously announced on October 27, 2005. Rather than creating an annual financial forecast that remains static for the year, he and his colleagues now produce an 18-month budget and then update projections every month--in effect, recalculating the whole budget. It includes a financial forecast that determines how much money will be required and when; it also projects the company's operating results. |
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