What is the goal of financial management for a sole proprietorship?
Subsequently, one may also ask, what is the primary goal of financial management?
The primary goal of financial management is to: Maximize the current value per share of the existing stock.
Also, what should be the goal of the financial manager of a corporation Why? The main goal of the financial manager is to maximize the value of the firm to its owners. The value of a publicly owned corporation is measured by the share price of its stock.
One may also ask, what are the objectives of sole proprietorship?
Objectives of a Sole Trader. Traders want to make money from changes in stock prices. As a sole trader, you trade strictly on your own behalf — you don't trade or invest for others. Making money is the ultimate goal, and some short-term steps can help make that happen.
What are primary goals?
Primary goals are the end goals you really want. Secondary goals are the intermediate goals that lead to or are part of a primary goal.