Basic business strategies

Basic business strategies

Key strategies a firm intends to pursue in carrying out its business plan.

Basic Business Strategies

How a company intends to meet its financial needs or goals for the future. Corporate financial planning involves identifying these needs and goals; the company executes a business strategy to achieve them. Simply put, the main financial objective is to make money, and basic business strategies help the company make it. Despite the simplicity of the concept, this can be a complicated process.