Explain the four steps involved in the development of a financial plan. Have you ever participated in financial planning? What was your experience?
2. What is the relationship between financial planning and strategic planning?
3. Have you ever had to do a break even analysis? In what situations would you use a break-even analysis?
• Each of your posts (original posts & replies) must demonstrate your understanding of the topic.
• Post should show connections between lecture content, textbook content, and discussion.
• Relate new information with material previously covered in the class as well as with personal experience.
• Discuss at a critical level – don’t just recite facts from your reading, discussion, or lecture.
• Critical discussion includes your opinion of items mentioned, but also includes the reasons you hold that opinion, and why it may be inconsistent or consistent with what you’ve learned. Justify your reasoning with facts. How does what you’re presenting affect present and future situations?