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How does financial planning incorporate investment planning, retirement planning, and estate planning?
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User: How does financial planning incorporate investment planning, retirement planning, and estate planning?





Weegy: Strategic planning is the fundamental input to marketing planning. So, the strategic plan must come first (typically it is a component of the marketing plan or the business plan). [ Once you have a strategic plan in place, then you can put together the details of your marketing tactics. Strategic planning is about matching the strengths of your business to available market opportunities. To do this effectively, you need to collect, screen, and analyze information about the business environment. You also need to have a clear understanding of your business - its strengths and weaknesses - and develop a clear mission, goals, and objectives. Acquiring this understanding can take work, but in many ways it is the process of strategic planning that you go through in creating your business plan that is the most valuable step of all. ]
Expert answered|rhyann24|Points 1694|



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Asked 10/7/2011 12:54:58 PM
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Asked 10/3/2011 4:23:27 PM
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Describe three risks a small business might face.
Weegy: There are many risks small business owners have to be concerned with. Many of these risks can be covered by purchasing the right type of business insurance. [ Here are a few different risks that you should the aware of as a small business owner. General Liability General liability is the risk that the business owner will be responsible for accidents or negligence while doing business. If someone is hurt on your property, you could be liable. Property Damage When you are a small business owner, you will have to deal with the risk that your property could be damaged at some point. If your property is damaged, it could potentially result in costly repairs. Stoppage of Business You should also be aware of the risk of business stoppage. You may have to stop your business operations for any of many possible reasons. For example, if there is some significant damage to your property, you may not be able to conduct business as normal. This could result in serious losses for your business. Product Liability If you sell a particular type of product, you may also have product liability. If your product injures or harms someone in some way, you could be found liable for this problem. ] (More)
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Asked 10/3/2011 8:48:06 PM
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Explain two ways to manage risk at a small business.
Weegy: First, of course, you have to have a business plan. This would entail evaluating and planning for the risks of running a business. Second, determine insurance needs and obtain coverage. [ Most businesses carry liability insurance or insure the building and contents where the business operates. ] (More)
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Asked 10/3/2011 8:52:47 PM
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What might you do to make sure that someone else knew enough to run the business if anything happened to you?
Weegy: First thing you should do is to look from your family members who can trust and had a passion in business then train him/her. You must explain to him everything from the time that the company started, your hardship, your failures everything. [ Ask that person that no matter what happens he /she should hold on to your business and make it more prosperous. Hope this helps. Thanks for using Weegy. ] (More)
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Asked 10/3/2011 9:29:58 PM
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