Creating a Strategic Financial Plan

Create a comprehensive financial plan that aligns with your [business type]'s goals for sustainable growth. Break down the process into specific steps including: 1) Defining long-term and short-term financial objectives, 2) Identifying key revenue streams and potential expansion opportunities, 3) Assessing current financial status and cash flow projections, 4) Developing a detailed budget for operations, marketing, and other expenses, 5) Setting criteria for risk management and mitigation strategies, 6) Creating a timeline for implementation and key performance indicators to track success. Provide clear examples, templates, and best practices for each step. Aim to offer a plan that is realistic, achievable, and tailored to the unique needs of the business.