Using the items of working capital to predict the financial requirements in Zimbabwean companies

Financial planning is the set of plans required to obtain and use resources. That is why it indicates identification of financial requirements, investments, growth and performance during a specific period of time, which is the basis for the success of the economic unit as it includes coordination of financial activities in order to maximize shareholder wealth and the value of the economic unit. Financial planning is an important part of the overall planning process of a company, as it translates its goals, strategies and policies into practical plans that are implemented in the short term. The financial planning aims mainly to determine the financial needs of the company and secure the necessary funds in a balanced manner from various sources of financing. Financial planning depends mainly on financial forecasting, prediction is the process of forecasting or estimating what will happen in the future.