After reading this article you will learn about Financial Plan for a New Project and Established Business:- 1. Initial Financial Plan for a New Project 2. Financial Plan for Expansion of Established Business Enterprise. Initial Financial Plan for a New Project: Financing pattern of new companies in India is usually in the form of a four-legged stool: (1) Indian promoters [...]
After reading this article you will learn about Business Forecasting:- 1. Meaning and Definition 2. Steps of Forecasting 3. Sources of Data Used 4. Limitations. Meaning and Definition: Business forecasting is an act of predicting the future economic conditions on the basis of past and present information. It refers to the technique of taking a prospective view of things likely [...]
This article throws light upon the top six theories of business forecasting. The theories are: 1. Theory of Economic Rhythm 2. Action and Reaction Approach 3. Sequence Method or Time Lag Method 4. Specific Historical Analogy 5. Cross-Cut Analysis 6. Model Building Approach. Theories of Business Forecasting: Theory of Economic Rhythm Action and Reaction Approach Sequence Method or Time Lag [...]