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What is Long Range Planning and How Can it Help Your Growth?

The Finance Weekly

Long range planning extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future. The ability to update plans dynamically as situations change is crucial for long-term success.

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What is Long Range Planning and How Can it Help Your Growth?

The Finance Weekly

It extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future. That’s exactly how Long-range Planning (LRP)works – not only for individuals but for businesses as well.

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Transcript: Stephen Suttmeier

Barry Ritholtz

So, so here’s, here’s the why I, I’m looking at it near term, not, not making any sort of forecast or anything like that, but last year where we stood market was very nervous, s and p around the 200 week moving average finally started bottoming out. 00:29:11 [Speaker Changed] I mean, I think they do.