Business entity part 2 Essay Example | Topics and Well Written Essays - 250 words

Business entity part 2 - Essay Example Realistic goal means that set objectives are within reach and can be achievable. Cash increase as a goal that can be achieved by starting a saving plan, thus identifying the financial capability of the corporation. Revenue growth is a financial goal necessary for a corporation’s growth (Krus, 2005). The long term goal means steady elevation of sales that lead to income increase. This can be achieved by setting aside crisis funds. This ensures the corporation has a back up and encounters no lose in the income. This enhances a corporation’s income which results to revenue growth that is fundamental in the financial unit. Returns increase is a long term financial goal that a corporation can set. Return increase means profit increase in a corporation. The returns increase objective should be specific, which implies that the corporation should put precise figures in an orderly manner. (Krus, 2005). The goal should be achievable without the corporation being under pressure to enable it fulfil the goal. This goal can be achieved by creating a budget that will identify credits and