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What is the difference between a business plan and a budget?

A business plan is an overall look at a business that lists areas like product overview, marketing plan, action plan and it includes financial history (if any) and financial predictions; there fore a budget. So in terms of comparing these two in the same context, a budget is a subcategory of a business plan. when talking in general, a business plan gives a comprehensive look at a company and it's objectives, while a budget shows financial planning.


What is the main function of the cousumer financial protection bureau?

The main function of the Consumer Financial Protection Bureau (CFPB) is to protect consumers in the financial sector by enforcing federal laws that ensure fair, transparent, and accountable financial practices. It oversees financial institutions, addresses consumer complaints, and provides education on financial products and services. Additionally, the CFPB works to prevent abusive practices and promote financial literacy among consumers.


Who performs the financial management function in the typical corporation?

Person that have knowlage.


What are the benefits of a budget?

A budget is basically a money plan, outlining your financial goals. Having a budget, you can well establish and regulate funds, set and achieve your financial objectives, and make advance decisions as to how you want your finances to function well for you. The main idea in budgeting is for you to put aside a certain amount of money for expected as well as unexpected costs.


What is benefit of having a budget?

A budget is basically a money plan, outlining your financial goals. Having a budget, you can well establish and regulate funds, set and achieve your financial objectives, and make advance decisions as to how you want your finances to function well for you. The main idea in budgeting is for you to put aside a certain amount of money for expected as well as unexpected costs.

Related Questions

3 major function of business finance?

Allocation of financial ResourcesProcurement of foundEfficient and Effective utilization of financial resources


Would northern Ireland function without Britain's help?

Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.Britain provides major financial support to Northern Ireland and access to other supports and systems, and so it would find it difficult for it to function without them.


What is The Financial Function?

financial function


What is the financial management function?

what is financial management function?


What is function financial management?

what is financial management function?


How do you use financial plan in a sentence?

Example sentence - My spouse and I met with a financial expert and created a financial plan for our future.


Would a financial management plan help in my task to save money?

A financial management plan would most definitively help. All major banks offer such as Chase and Wells Fargo offer free tools to help ease the burden of debt.


What change if any will you make to your education financial plan?

What change, if any, will you make to your education financial plan


What are the 4 stages of a comprehensive financial plan?

The four stages of a comprehensive financial plan are: Goal Setting: Clearly defining financial objectives, such as retirement, education, or major purchases. Data Gathering: Collecting relevant financial information, including income, expenses, assets, and liabilities. Plan Development: Creating a tailored strategy to achieve the established goals, incorporating investment, tax, and risk management strategies. Implementation and Monitoring: Putting the plan into action and regularly reviewing and adjusting it to ensure it remains aligned with changing circumstances and goals.


Why does a business change its financial plan?

More likely than not because the political, financial and economic conditions upon which the financial plan was built have changed.


What is the work of insurance agents and brokers?

Although their primary function is to sell policies offering financial protection against loss, agents and brokers may also help their clients plan for personal, family, or business financial security.


What is the major financial center in Texas?

Dallas is the major financial center in Texas.

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