Strategic plans are, by definition, for the long term, usually for three to five years in the future. The plan sets the destination, or goals, for the company and outlines how resources will be used ...

Planning and setting financial goals for the future is an annual exercise for most companies. Preparing meaningful and useful income statement projections can help companies allocate existing ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...