Financial Planning and Management
Imagine yourself as the financial planner for a small company with 100 employees. Briefly describe your (imaginary) business and describe your strategy for financial planning and managing assets.
• Using the same scenario, determine how you would finance a five-fold expansion of your company. Explain your rationale.
• Based on the cost-cutting measures you identified, state how much money per year you anticipate saving if you implemented every measure.
• Looking at bettering your long-term financial situation, explain how you would invest the money you would save each year.
• Estimate how different your financial situation would look if you continued saving and investing over a 10-year period.