Financial Planning and Business Performance: Evidence from Private Sector of Uzbekistan

Abstract

Prudent financial planning is a clue for sustainability, viability and activeness of an enterprise in market and business environment. Flexibility and relevance of financial analysis, forecast and expectations ensures longer stay and access to the market in any conditions. In transition and developing economies, role of financial planning is central as the economy and business environment are under reforms and development. This article examines the relevance of financial planning in the context of a business environment of a transition economy and provides recommendations for further improvement.

Development of a Flexible Financial Planning Web-Based Application for Indigenous Communities at Village Credit Institution in Badung Regency, Bali

“…Financial flexibility is ability to provide additional net working capital, and to fund new fixed assets ( investment ability) [9]. The performance of business and organization are also significantly effected by financial planning, [10] and [11]. Financial planning are implemented in many institution including villages.…”