Importance of Capital Budgeting and Planning
Perfecting the art of financially backed strategic decisions.
Capital budgeting refers to identifying and evaluating large projects that provide cash flows over a period longer than a year. This covers many different things, whether it be growth expansions or acquisitions.
It is one of the most important things you need to keep in mind as an entrepreneur or a finance professional. The cost of getting this wrong will set your company back a substantial amount.