A strategic financial plan outlines the steps you need to take to achieve your business goals. It essentially informs the what and how of your business strategy – what are your business goals and how do you get there. A strategic financial plan helps you allocate your resources such as your capital, investments, and human resources over a specific timeframe to achieve the goals set out in your strategic business plan. It describes each initiative, resource, and metric, needed to transform your business vision into reality. A typical strategic financial plan will focus on your projected revenues and expenses, capital budgeting, and cashflow management.