In today’s competitive business environment, having a clear strategic vision is essential — but without strong financial planning to support it, that vision can remain out of reach. Randy Schrum , a business strategist and founder of multiple successful ventures, emphasizes the importance of aligning financial planning with long-term business goals. When financial decisions are made with the company’s vision in mind, businesses operate more efficiently and are better positioned for sustainable growth. 1. Define a Clear Strategic Vision The first step in alignment is clarity. A strategic vision describes the course that the business is taking. It includes specific goals such as expanding into new markets, increasing revenue, developing new products, or enhancing customer experience. Randy advises business leaders to write down their strategic goals in measurable terms. This could include revenue targets, market share goals, hiring plans, or operational improvements. When your vis...