{"id":247652,"date":"2022-07-07T13:15:17","date_gmt":"2022-07-07T13:15:17","guid":{"rendered":"https:\/\/imarticus.org\/?p=247652"},"modified":"2022-08-29T09:31:21","modified_gmt":"2022-08-29T09:31:21","slug":"why-is-financial-planning-more-important-during-a-pandemic","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/why-is-financial-planning-more-important-during-a-pandemic\/","title":{"rendered":"Why is financial planning more important during a pandemic?"},"content":{"rendered":"

Why is financial planning more important during a pandemic?<\/strong><\/h1>\n

Money or finance is the blood of a business. Just like a body remains healthy when blood flow is regular, a business remains healthy until funds are uninterrupted.<\/span><\/p>\n

With technological innovation and complex financial products being used, businesses now need trained professionals who can manage funds with robust financial planning.<\/span><\/p>\n

Moreover, new global threats like supply-chain disruptions due to the pandemic followed by the Russia-Ukraine conflict have increased the requirements for financial planners.<\/span><\/p>\n

If you want to kickstart your career as a financial planning expert, you should gain proper knowledge by registering for a <\/span>financial planning and analysis course<\/b>.\u00a0<\/span><\/p>\n

This blog emphasizes the need for financial planning, especially after the pandemic, and how you can become a successful financial planner with Imarticus <\/span>online<\/b> finance courses<\/b>.<\/span><\/p>\n

What is Financial Planning?<\/b><\/h2>\n

Financial Planning is the method that helps you evaluate the fund requirements of a business to achieve its goals.\u00a0<\/span><\/p>\n

Once the financial objectives are decided, a financial plan needs to be drawn that gives the roadmap of how the business can achieve the planned financial objectives. There are various positions where financial planning is needed, such as corporate financing, investment banking, and private equity.<\/span><\/p>\n

Some key processes involved in financial planning are:<\/strong><\/h2>\n