8/2/2019 SM- Financial Plan & Ploicies
1/13
IMPLEMENTATION OFSTRATEGIES
CHAPTER - 3
8/2/2019 SM- Financial Plan & Ploicies
2/13
Financial policies Concerned with planning and
controlling of financial resources
Considered as a vital & integralpart of overall management
Responsible for Estimation ofresources, their procurement and
application which help the
enterprise to grow
8/2/2019 SM- Financial Plan & Ploicies
3/13
questions to be answered From where the company gets required fund ?
How to and to what extent reserves and surplus beused to finance the activities ?
What is the ratio of integral and external sources offinancing ?
What capital is desired for the development of thecompany ?
What is the component of different assets that thecompany needs to maintain ?
8/2/2019 SM- Financial Plan & Ploicies
4/13
Major issues takencare
8/2/2019 SM- Financial Plan & Ploicies
5/13
Source of funds
8/2/2019 SM- Financial Plan & Ploicies
6/13
Uses of funds
8/2/2019 SM- Financial Plan & Ploicies
7/13
Management of funds
8/2/2019 SM- Financial Plan & Ploicies
8/13
Characteristics ofsound financial plan
8/2/2019 SM- Financial Plan & Ploicies
9/13
SoundFinancialplan
Present a simple capital structure
Not only address present needs butalso future
Intensive use of available finance
Flexible enough to adjust andreadjust according to requirements
Provide for contingencies
Liquidity in the plan to maintainroutine requirements
Cost of capital should beeconomical. Benefit derived mustbe more. Investment in profitableavenues
8/2/2019 SM- Financial Plan & Ploicies
10/13
exAMPLES
Sykes & Ray Financial Planners has pioneered fee-based Professional Financial Planning Services inIndia and is highly regarded as one of theleading Financial Planning companies guiding its
clients to fulfill their dreams and achieve financialgoals. It has a professional team of dedicated,experienced and highly skilled CertifiedFinancial Planners who are committed to
the professional practice standards and code ofethics laid down by Financial Planning StandardsBoard India.
8/2/2019 SM- Financial Plan & Ploicies
11/13
exAMPLES
Bajaj Capital is a SEBI-approved Category IMerchant Banker catering to IndividualInvestors, Corporates, HNI and NRI clients. It offersa comprehensive range of servicesincluding Financial Planning and Investment
Advisory, with strong team of qualified andexperienced professionals including CAs, MBAs,
MBEs, CFPs, CSs, Insurance Experts, Legal Expertsand others.
8/2/2019 SM- Financial Plan & Ploicies
12/13
exAMPLES
Veer Consultancy Services (VCS) is one of the veryfew Independent Financial Planning Firms in Indiaalso offering all the functions of a Multi FamilyOffice, with offices in Mumbai, Kutch and Pune. Ithas a team of professionals with extensive experiencein a variety of disciplines including FinancialPlanning, Law, Taxation, Marketing, Computer
Networking, Information Security.
8/2/2019 SM- Financial Plan & Ploicies
13/13