See below image for the What is companys financial strategy diagram. A corporate financial strategy determines how a business survives. For a business to maintain autonomy, it needs funding. The funding can come from a variety of places, including sales and services, as well as investors and donors. Using its finances wisely is the best corporate financial strategy in terms of maintaining sustainability.
Through financial strategy, you can meet day-to-day expenses, budget for big-ticket purchases and invest money to generate additional wealth. You will outline your financial goals before coordinating a strategy. With a list of goals in mind, you can make the proper adjustments to your budget.
Strategic financial management is a term used to describe the process of managing the finances of a company to meet its strategic goals. It is a management approach that uses different techniques and financial tools to devise a strategic plan.