Using course materials and the library, identify(define and describe) the listed sections (or stages) in designing a capital plan. 

The first step in designing a capital plan is to conduct a thorough assessment of the organization’s current financial position in order to identify any potential areas for improvement as well as identify any unmet needs that could be addressed through additional funding. This includes analyzing historical data such as income statements, balance sheets and cash flow statements in order to gain insight into trends over time with particular emphasis on profitability, liquidity, solvency, and debt levels.

Once this information has been gathered then management can start formulating their plan by identifying any necessary investments or capital projects that are needed in order to reach their desired goals. This may include acquiring new equipment or opening new locations as examples depending on what the company wishes to achieve. After that, they should develop an outline of sources of financing (e.g., debt vs. equity) which will be used to fund these activities before finally constructing detailed budgets and timelines that factor in all associated costs and risks.

Finally, once all of these pieces have been put together then the organization can review its finalized plan before submitting it for approval from relevant stakeholders if necessary. Once everything has been approved then implementation can begin followed by regular monitoring and evaluation so that progress can be tracked along the way until all objectives have been met or surpassed.