Skip to main content

What is Financial Planning and Analysis? How does it help founders?

Hey fellow entrepreneurs!

Ever heard of FP&A and wondered what it means for your business? 

FP&A stands for Financial Planning & Analysis. It's basically like having a financial GPS for your business. ️ It helps you:

** Plan your future:**

  • Set realistic goals and budgets.
  • Forecast revenue and expenses.
  • Identify potential risks and opportunities.

** Analyze your performance:**

  • Track your progress towards goals.
  • Identify areas for improvement.
  • Make data-driven decisions.

** Optimize your finances:**

  • Allocate resources efficiently.
  • Manage cash flow effectively.
  • Maximize profitability.

So, how does this benefit you as a founder?

  • Peace of mind: You'll have a clear understanding of your financial health and future prospects.
  • Better decision-making: You'll be able to make informed decisions based on data, not just gut feeling.
  • Increased efficiency: You'll be able to allocate resources more effectively and avoid costly mistakes.
  • Improved performance: You'll be able to track your progress and make adjustments to achieve your goals.

**Think of FP&A as your secret weapon for business success! **

Want to learn more? Drop a comment below and let's chat! 

You can also find us on Instagram and Facebook. 

#FP&A #FinancialPlanning #BusinessGrowth #Entrepreneurship #CPA #InstaInfluencer #charteredaccountant #accountingtips #entreprenuers #arthabicharnepal #learnwithnirmalaryal #founder

Labels:

Comments

Post a Comment

Most Viewed

Fees, Fines and Penalties under Nepalese Companies Act, 2063, Amended 2074

We normally get a lot of question in different forums on what is the registration fee of Company in Nepal and what are the various penalties imposed for non-compliance. Here's what we have compiled for you. Please get back to us on comments if you have any additional query. 1.          Fees during company registration a.        Private Limited Company S.N Authorized Capital Fee (In NRs.) 1 Up to Rs. 100,000 1,000 2 From 100,001 to 500,000 4,500 3 From 500,001 to 25,00,000 9,500 4 From 25,00,001 to 1,00,00,000 16,000 5 From 1,00,00,001 to 2,00,00,000 19,000 6 From 2,00,00,001 to 3,00,00,000 22,000 7 From 3,00,00,001 to 4,00,00,000 25,000 8 From 4,00,00,001 to 5,00,00,000 28,000 9 From 5,00,00,001 to 6,00,00,000 31,000 10 From 6,00,00,001 to 7,00,00,000 34,000 11 From 7,00,00,001 to 8,00,00,000 37,000 12 From 8,00,00,001 to 9,00,0...
Post a Comment
Read more

Process of Obtaining Tax Clearance Certificate in Nepal?

A tax clearance certificate confirms that an individual or entity: is in compliance with the Nepalese Income Tax Act, 2058 and its regulations, has submitted the tax return, audit report and necessary schedules, and all the taxes have been duly paid to the Government of Nepal Who issues Tax Clearance Certificate? The Inland Revenue Department (IRD) is authorized to obtain tax clearance certificate on behalf of the Ministry of Finance, Government of Nepal. How do I apply? An application must be filed at the concerned Tax Payer's office with NRs 10 stamp with the following documents enclosed: 1) Entity: Copy of the payment of taxes per Self Assessment submitted to IRD. Copy of the Audit Report duly audited by the member of the Institute of Chartered Accountants of Nepal (ICAN). Copy of the Previous Year Income Tax Return and Copy of Tax Clearance Certificate Obtained if any. Copy of the Permanent Account Number (PAN) Certificate. 2) Individual: In the c...
9 comments
Read more

Types of Industries in Nepal

Industrial Enterprise Act that came into effect from 2076 B.S has classified industries into 5 different types. 1) Micro Enterprise: For any industry to be termed micro-enterprise, it must fulfill the following conditions: Fixed Capital worth up to Rs. 2 million (20 lakhs) excluding land and building Entrepreneur himself/herself is involved in the operation & management of the enterprise, A maximum staff member of nine including entrepreneur himself/herself. Annual turnover less than Rs. 10 million (1 crore) Uses 20 Kilowatt or less powerful motors, in case, the enterprise uses plant, machinery or equipment  2) Cottage Industry: For any industry to be termed as Cottage Industry, it must fulfill the following conditions: Based on Traditional Skill and technology Are labor-intensive and require specialized skill or local raw materials and based on local technology, art, and culture. Uses 50 Kilowatt or less powerful motors, in case, the enterprise uses plant, ...
Post a Comment
Read more