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a sound financial plan will show which project is profitable and would earn return. The company can diversify from the existing project and invest in a new project which will earn a good return. The financial plans may also give the fruitful proposals as to where the mergers and the acquisitions are to be done (Maines and McDaniel, 2009). Many companies s have succeeded in gaining huge amount of profits from the mergers.Sound financial plan shows the projects that are profitable and yield. A company can distribute the existing projects and to invest in new projects that will get a good compensation. The financial plan also may be faced with a proposal that mergers and acquisitions. (Maines and McDaniel, 2009). many companies succeeded in attracting a lot of profit from the business control.
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