State five points of effective financial management in a market or country where recession prevails?

as my opinion

1: planning ( it should be well structured and practicable)

2: forecasting : forecasting future opportunities and risk are highly important when it come to finance matter

3: risk managment

4; financial budget

5: identifying the source of finance : here its not mere identification need to evaluate the all the factor which will affect the source in present and future.

Thanks