FINANCIAL PLANNING PROGRAM NO. 1

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Definitions

1. program for carefully planned financial handling to result in an organization which is not only solvent, but expanding on a sound gradient scale. To do this an organization has to first of all assess the following: (1) how many basic staff members are required to run and handle the organization? (2) how much is required for the basic organizational needs to merely keep the organization there? (3) how much is required for basic promotional actions? (4) how much does it cost weekly to keep in your basic communication lines? After carefully figuring out your weekly costs, you now know exactly how much income you will require weekly in order to exist and to promote. If you do not make this amount of income weekly, you will know at once that you are spending more than you are making, at which point everything must be done to sell more services to your public. (LRH ED 55 INT)

2. survival of an org depends on solvency. Solvency depends on making more than it spends. This Financial Planning Program No. 1 ED is a clever one actually written by MSH. She said, "If they will just do this ED they will become solvent." It's true. It is very important to staffs that financial planning be done well as if it isn't, it threatens their pay as well as the org's survival. (LRH ED 78 INT)