Annual Projections
ANNUAL FINANCIAL PROJECTIONS OF SUN PACKAGING
INTRODUCTION: Finance is one of the major elements that activate the overall growth of the economy. Finance is the life blood of economic activity .A well-knit financial system directly contributes to the growth of the economy. An efficient financial system calls for the efficient performance of institution, financial instruments and financial markets. Finance which acts as the lifeblood in the modern business types is one of the most important consideration for an entrepreneur-company. While implementing, expanding, diversifying, modernizing or rehabilitating any project the meaning of finance is better understood. This section have covered the finance related inormation and the process of managing the same. Finance is the science of managing money and other assets. It is the process of canalization of funds in the form of invested capital, credits, or loans to those economic agents who are in need of funds for productive investments or otherwise. E.g. On one hand, the consumers, business firms, and governments need funds for making their expenditures, pay their debts, or complete other transactions. On the other hand, savers accumulate funds in the form of savings deposits, pensions, insurance claims, and savings or loan shares, etc which becomes a source of investment funds. Here, finance comes to the fore by channeling these savings into proper channels of investment; In general, finance is that business activity which is concerned with acquisition and conservation of capital funds in meeting financial needs and overall objectives. “Finance is the common denominator for a vast range of corporate objects and the major part of any corporate plan must be expressed in financial terms”.
EXECUTIVE SUMMARY
The projects deals with projecting the financial requirements of the company .The profit and loss statement is projected for monthly which helps to know the working capital required and gross profit
INTRODUCTION: Finance is one of the major elements that activate the overall growth of the economy. Finance is the life blood of economic activity .A well-knit financial system directly contributes to the growth of the economy. An efficient financial system calls for the efficient performance of institution, financial instruments and financial markets. Finance which acts as the lifeblood in the modern business types is one of the most important consideration for an entrepreneur-company. While implementing, expanding, diversifying, modernizing or rehabilitating any project the meaning of finance is better understood. This section have covered the finance related inormation and the process of managing the same. Finance is the science of managing money and other assets. It is the process of canalization of funds in the form of invested capital, credits, or loans to those economic agents who are in need of funds for productive investments or otherwise. E.g. On one hand, the consumers, business firms, and governments need funds for making their expenditures, pay their debts, or complete other transactions. On the other hand, savers accumulate funds in the form of savings deposits, pensions, insurance claims, and savings or loan shares, etc which becomes a source of investment funds. Here, finance comes to the fore by channeling these savings into proper channels of investment; In general, finance is that business activity which is concerned with acquisition and conservation of capital funds in meeting financial needs and overall objectives. “Finance is the common denominator for a vast range of corporate objects and the major part of any corporate plan must be expressed in financial terms”.
EXECUTIVE SUMMARY
The projects deals with projecting the financial requirements of the company .The profit and loss statement is projected for monthly which helps to know the working capital required and gross profit