HOW TO... financially plan for 2010

Burnham, Andrew
April 2010
Travel Weekly (UK);4/9/2010, Vol. 5, p50
Trade Publication
The article offers tips on how to financially plan and set up a budget for 2010 in Great Britain. To prepare one's finances, the author advises to understand the firm's previous year performance to have a detailed information on its sales, profit, loss and cash flows. He recommends to take a long-term business plan and to set goals for the next three years. Other tips mentioned include to have realistic sales target, to evaluate costs and to be abreast with current industry affairs.


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