Why are planning methods used in the enterprise important?

It's no secret that planning in the economy is an extremely relevant and important topic in today's conditions. Equally topical and important are the issues of organization of financial planning in a single enterprise, each of which is part of the economy. The importance of this topic is related primarily to the transition to market relations from the recently existing command economy management model , at the time of which planning methods were elected by the state, and the management of the economy as a whole was carried out centrally. Of course, the modern market has more than serious requirements for each enterprise, which means that the planning methods must be more than serious and have scientific research at their core. The processes occurring at the enterprise today are characterized by complexity and high mobility, which makes it necessary to carefully choose planning methods. The main factors characterizing the increasing role of planning are:

- increasing the size of enterprises, as well as complicating the forms of its activities;

- high instability of external factors and variability of external conditions;

- the emergence of a new style of personnel management;

- strengthening of centrifugal forces operating in any economic organization;

It should be noted that the ability to apply various planning methods, as well as planning capabilities in general, at any enterprise is limited due to the influence of a number of objective and subjective factors. The most important reasons limiting planning capabilities are:

- uncertainty of the environment;

- the possibility of merging or merging an enterprise with another organization;

- the possibility of a monopoly on the market;

- contractual relations;

In a market economy, stable success can only be achieved by those entrepreneurs who are able to use financial planning methods clearly and efficiently, continuously collect and accumulate data indicative of the state of the target markets, as well as the position of competitors in these markets. In addition, the ability to correctly assess one's own prospects and opportunities is extremely important.

Methods of financial planning are mainly built on the consideration of the balance sheet, as well as the available materials that are needed when drafting the financial plan. It is worth noting that the financial planning methodology as well as the control have streamlined the financial relationships that arise between the budget and business entities. In recent years, there has been a simplification of financial planning procedures. On the other hand, the responsibility of employees of enterprises responsible for finance has significantly increased in terms of the quality of the planned decisions that they make. In addition, the risks inevitable in the formation of the strategy by which the company will develop - significantly increased, each of them will either work profitably or become bankrupt. That is why the level of efficiency with which financial resources are used is the first among the criteria for developing strategy and tactics, according to which the economic activity of any enterprise is conducted . In addition, the selection of innovative measures, as well as the adoption of investment decisions, was extremely important.

Planning methods are very specific ways and techniques, applying which are calculated different indicators. Most often, when planning costs at enterprises, planning methods are used that are represented by normative, calculation-analytical, balance method, optimization of planned solutions, economic-mathematical modeling and budgeting.