Intrafirm planning in the enterprise

Intrafirm planning at the enterprise allows the business entity to solve certain issues:

- availability of financial resources at the disposal of the enterprise;

- sources of formation of these financial resources;

- the necessary amount of funds for the implementation of the tasks;

- possible transfers: the amount of taxes paid to the budget; On credit obligations to banks, etc .;

- rational distribution of the profit of the enterprise;

- ensuring the adequacy of the planned revenues and expenditures of the business entity on the basis of self-financing and self-sufficiency.

The organization of intrafirm planning is built on ensuring competent management of finances both for profit making by the enterprise and for the gradual expansion of the volume of economic activity in accordance with the current economic processes in the state.

Intrafirm planning can be divided into two components: financial planning and production planning. At the same time, the first covers all aspects of financial and economic activity of any enterprise, and the second - is based on plans for sales and production volumes, assortment of goods, services, as well as production costs.

The need to create business plans comes from a sufficiently large number of competitors, various forms of management, the structure of the enterprise, relations with suppliers and buyers. One can not fail to mention the requirements of scientific and technological progress, thanks to the development of which the enterprise needs to quickly master and apply the achievements of science and technology.

Intrafirm planning is developed taking into account the strengthening of the tendency to centralize the management of the enterprise and should be linked to the activities of all structural units whose activities should be directed at the main strategies of the business entity.

Based on the above, in-house planning can cover current and prospective planning using tools such as forecasting.

The basic principles of planning are based on the nature and content of this type of management, namely:

- the financial ratio of the timing of the use of funds, their receipt and use should be carried out within the strictly established terms;

- solvency is represented by providing the company with a sufficient amount of liquid funds to ensure repayment of short-term obligations ;

- adaptation to the needs of the market provides for continuous monitoring of the market's conjuncture and the dependence of the enterprise on the borrowed loans;

- maximum profitability, for which it is necessary to make only those investments that are capable of ensuring a high result of this principle.

Intrafirm planning is carried out using certain methods that provide clear methods for calculating plans. The main methods of forming plans are: normative, balance sheet, a method of optimizing calculations using analytics, as well as economic and mathematical modeling.

With regard to production planning, the decisive factor here is the effective management of the economy, subject to its intensification and is based on economic laws. The need for such planning is due to the presence of the company's own resources and the possibility of their additional acquisition, as well as the level of high concentration of production.

Consideration of intrafirm planning as a function of enterprise management provides for the definition of the main areas of activity of the entity and the further development of its activities, taking into account material, financial and other sources.