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==Eeducom: Electronic Education Of Commerce== .............................................................................................................................................. Hey guys, with this video I have explained the characteristics of a sound financial plan. The essentials of a sound financial plan are as follows: Simplicity Flexibility Contingencies Liquidity Economical Adequate system of control Optimum use of funds Suitable to the organizational structure =====FOR NOTES IN PDF FORMAT AND ALL THE UPDATES JOIN THE TELEGRAM CHANNEL _ https://t.me/eeducom _===== DO WATCH THE FULL VIDEO TO HAVE A BETTER UNDERSTANDING. …............................................................................................................................................ Link of all the videos related to chapter "FINANCIAL PLANNING": Part 1_ Introduction to the concept of financial planning : • Meaning Of Financial Planning as per the n... Part 2 _ Objectives of financial planning : • 5 major objectives of financial planning |... Part 3 _ Types of financial planning (Short-term, Medium-term and Long-term) : • Types Of Financial Planning: Short-term, M... Part 4 _ Steps in financial planning : • Steps involved in the process of Financial... …............................................................................................................................................ Keep watching and keep learning. ............................................................................................................................................. In the upcoming videos, we will discuss other important concepts of subject "Financial Management". So, don't forget to subscribe to the channel. ~Click here to subscribe the channel: / @eeducom ~Click here to join the telegram channel: https://t.me/eeducom __________________________________________________________________________________________________________ IMPORTANT LINKS: ~Link of the 'FINANCIAL MANAGEMENT' PLAYLIST: • Financial Management | Eeducom ~Link of the 'FINANCIAL DERIVATIVES' PLAYLIST: • Financial Derivatives | Eeducom ~ Link of 'Double Entry System' Playlist : • Double Entry System || Class 11 || Accounts ~ Link of 'Accounting Equations' Playlist : • Accounting Equation || Solutions of Practi... ~Link of the 'Accounts Playlist - Class 11' : • Accounts Playlist - Class 11 ~Link of the 'PRINCIPLES OF MANAGEMENT' PLAYLIST: • 14 PRINCIPLES OF MANAGEMENT(given by Henry... _________________________________________________________________________________________________________________