Finance and Financial Planning
February 21, 2010scfm 18 Comments »Finance means providing funds for business or it is a branch of economics which also refers to the concepts of time,money,risk and other assets. In a Business management, finance is a most important characteristic as business and finance are interrelated. One can achieve its goal by choosing the correct financial instruments. Financial planning is essential for both the individual and an organization to ensure a secure future.</p>
Personal financial decisions may involve paying for education, insurance policies, and income tax management, investing and savings accounts. Personal finance is used to avoid burden and life become enjoyable, if getting it from a right source at minimum cost. Personal loan is also a part of personal finance.
Financial planning is very important in business to achieve its objectives. In general, payment plans available under an insurance premium finance arrangement consist of a down payment followed by equal, monthly installments. The amount of down payment required, as well as the number of installments to be paid by the insured, may vary depending on the underlying insurance policy terms and conditions, the nature of the insured’s business and the credit worthiness of the insured. The complete terms of the premium finance loan, including the payment schedule and interest rate charged, are reflected on the finance contract.
Small business finance is a stepping stone for all small businesses. With small business finance borrower can minimize the difficulty of funds that the borrower comes across during the business. There are two main types of finance available to small business. They are Debt Finance and Equity Finance. In Debt Finance, the borrower has to repay the principal and interest where as Equity Finance is a time consuming process. The source of equity finance may be through a joint venture, private investors.
Professionals in corporate finance assist organizations invest money to run the business and grow the business. Theses specialists work to support and expand business operations. Online has proved to be a simple and the fast method of acquiring the small business finance. The small business finance borrower must not forget to compare the quotes of different lenders in respect to repayment period, lower interest rate, and the loaned amount.
Vendor program arrangement is a kind of financing arrangement in which finance is offered to the customers as a sales, marketing & deal closing tool. Country, state, city or municipality finance is called public finance. It is concerned with the budgeting process.
Each type of company requires a unique way of marketing depending on what kind of focus they have for their company. Advertising a company is purely based on the products. Making the plan and getting the overview is not enough. Company needs to put the plan into action and follow it up and evaluate it periodically.
International finance is the branch of economics that studies the dynamics of exchange rate,foreign investement, and how these affect international trade. It also studies international projects, international investments and capital flows, and trade deficits. It includes the study of futures, options and currency swaps. Together with international trade theory, international finance is also a branch of international economics.
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Question about financing
What method of financing is better when buying a car, Balloon Financing or traditional financing?What is better Balloon financing or traditional financing? What are the pros and cons of each?
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Tags: economy, invest Money Stoc, invest Money Stocks, offshore Investments, Small Business Grants
Posted on February 21st, 2010 at 6:05 am
It is not in your list but I would research the "Irish Miracle" essentially the effect tax cuts have on the overall economy.
Of the above listed topics I would choose Financial Planning. I would then research the effects of the baby boomers starting to convert securities into liquid assets effect on the stock market as well as bond market over the next 20 years.
It is something I am certainly keeping my eye on.
Posted on February 21st, 2010 at 6:54 am
I hate to say this, but I think there is a lot of math.
I think on your 1st year, you would take the basic math classes that every business student takes (Calculus with business applications). After that in sophomore year, you would have to take a few accounting classes. These Accounting classes have lots of math (especially word problems). After that you take finance class. I think you still have to do math in those classes (this one I'm not sure).
So I guess you have lots and lots of math. The math is not too bad. It is not like engineering math. It is just simple math.
I am a accounting student so most of my classes are with finance people.
Posted on February 21st, 2010 at 7:25 am
excellent work!
Posted on February 21st, 2010 at 7:29 am
Human beings have advanced so much. What’s to say that we cannot do it in future.
Sure we could have another 10-50 years of hardship but mankind will rise again. No one can take away, as far as I can see, the techonological gains we have made and we will build on that.
Mankind will live better in 100 years than they do now.
Posted on February 21st, 2010 at 10:44 pm
Assuming each choice is lettered in successive order:
1.B
2.A
3.B
4.C
5.D
6.A
7.C
8.A
9.C
10.C
Posted on February 22nd, 2010 at 10:58 am
.
I warned you Christians, the kingdom of God is about to take over this world, prepare yourself, be holy, be like Christ.
.
Posted on February 22nd, 2010 at 1:21 pm
As you probably already know, you should be studying for the Series 7 licensing exam. After that, the Series 63 and 65 (or combined Series 66 license if your State allows it).
Although these exams will prove you know what types of products to match clients with, you will not obtain the type of real financial planning knowledge you need for the profession.
Take courses to complete the CFP educational requirement. The American College has a program where you can take all 6 courses in about 7 months – if you have the time to study! Realistically, allow yourself a year or more. They are a great College and the credits you earn are transferable to your current university.
Check it out at theamericancollege.edu.
-Ron, ChFC
Posted on February 23rd, 2010 at 3:54 am
hey cani8gr8fag8, that’s exactly what i said when i fucked your ugly mum in the arse. Sucked in. Just returning the compliment Paki.
Posted on February 23rd, 2010 at 7:10 am
Not free ones. Try "Rich Dad, Poor Dad"… thats pretty good.
Posted on February 23rd, 2010 at 8:09 am
God, Niall Ferguson is a hot man…
Posted on February 23rd, 2010 at 2:07 pm
Why does anyone think that infinite growth is possible on a finite planet?
Posted on February 23rd, 2010 at 4:00 pm
Try any of the large life insurance companies. They will hire you right out of school with little or no earnings for the first few years, but they will train you. You could also try brokerage houses, banks, all of them are cross selling financial products. Good luck!
Posted on February 23rd, 2010 at 5:36 pm
It depends on your preference do you like to work in corporate world, then corporate finance, or becomes personal finance and investment banking who works in the bank but their work is primarily based on commission. Anyway certification of CFA is always a big help
Posted on February 23rd, 2010 at 6:00 pm
I came, I saw, I left in boredom.
Posted on February 23rd, 2010 at 11:44 pm
Niall is a great intellect. I really appreciate his work. I just purchase the “Ascent of Money.” I’m looking forware to getting started with it.
Posted on February 24th, 2010 at 2:13 am
You don’t agree with modern economic thought? Great. What exactly don’t you agree with and why? Maybe you have a unique idea of your own that we can all benefit from. However, until you learn how to express yourself on a point by point basis few will listen to what you have to say. Your sweeping generalizations about academic elite do absolutely nothing to change public perception.
Its real easy to sit behind a computer and flame. Its also real cowardly.
Posted on February 24th, 2010 at 2:13 pm
The Post Graduate Diploma in Advanced Financial Planning from IIFP is a course which is industry recognized.This is the course which would actually give you a headstart in your career.
Moreover the practical and the industry exposure which is the most important aspect of any profeesional course is an intergral part of the IIFP curriculum.
Prashant
IIFP
9953755094
Posted on February 24th, 2010 at 5:23 pm
Sounds like you have all the qualities to be a successful counselor in financial matters, but not the personality of a salesperson. Have you ever thought about teaching at a local community college, or working for a credit counseling place?
as you probably know, sales is king in financial services.