Those who want to obtain financing to grow their business, into green and sustainable business venture. The planning requires a long-term estimate of profits which in turn involves a projection of sales and costs of operation for a period of years. Accordingly, long range financial planning becomes essential for a company that wishes to grow. The company has to establish objectives and goals as part of a master plan for long range survival and growth. Coordinated thinking forms the basis of financial planning for making an optimum utilization of funds, particularly of cash balances.
The 1971 Bolton report on small firms outlined issues underlying the concept of ‘finance gap’ (this has two components-knowledge gap-debt is restricted due to lack of awareness of appropriate sources, advantages and disadvantages of finance; and supply gap-unavailability of funds or cost of debt to small enterprises exceeds the cost of debt for larger enterprises.) that: there are a set of difficulties which face a small company. Small companies are hit harder by taxation, face higher investigation costs for loans, are generally less well informed of sources of finance and are less able to satisfy loan requirements. Small firms have limited access to the capital and money markets and therefore suffer from chronic undercapitalization. As a result; they are likely to have excessive recourse to expensive funds which act as a brake on their economic development.
My memory is not too clear about the course percentages here. I think there are 20% 10 MCQ midterm through blackboard, 10% group presentation on selected tutorial, and 70% closed-book finals (20 MCQs and 2 structure questions). During finals, the MCQ questions were relatively tough as they required complete understanding on the subject to be able to select the correct answers. As for the structure questions, make good use of the formulae given then you should be fine.