Business Plan

A business plan is a document that describes the goals or objectives of a business, and outlines how these will be achieved.

They are regularly developed by both start-ups and established businesses, and are arguably the most important planning tool for business. A good business plan will test the assumptions of management, identify important risks, outline financial considerations, and define a strategic direction. In theory, this information can then be used as a frame of reference for important decision making, such as resource allocation and staffing, resulting in a more coordinated organization. In reality, they are often 'stuffed in a drawer' and forgotten due to a lack of relevance to daily activity.

Business plans vary wildly in size and shape based on the planning needs of the organisation they represent. They may consist of a single page (or napkin); or in the case of corporate or government business plans, they may be hundreds or thousands of pages long.

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Latest blogosphere posts tagged “Business Plan”

• Raising Money

  
  Jessica Mah Meets World — Authority: 92
  Disclaimer: I’ve never raised VC money before. Back when I was just playing around with the idea for my startup, I decided to put together a quick executive summary and apply to the UC Berkeley Business Plan competition . And we got rejected from round one not only because our ideas were terrible, but one of the ...
  4 hours ago

• Marketing Tip: Create a marketing plan.

  
  Nerino Petro's Compujurist.com — Authority: 400
  This doesn’t have to be a tome, but should layout specific steps to take each month. Dedicate a set time each week and month to execute the plan i.e. every Monday from 11AM-Noon
  8 hours ago

• “TEN9EIGHT”

  
  D210 TV | Dallas Texas | Entertainment | Celebrity News and Events — Authority: 151
  “TEN9EIGHT” is a thought provoking film which tells the inspirational stories of several inner city teens (of differing race, religion and ethnicity) from Harlem to Compton and all points in between, as they compete in an annual business plan competition run by the Network for Teaching Entrepreneurship (NFTE). ...
  12 hours ago

• Seven Weeks and Seven Tips To Be More Productive 2010

  
  Roundpeg — Authority: 472
  Today’s post is by a very special guest:  Productivity Expert and All Around Interesting Guy:  Robby Slaughter.  He writes about the things we can be doing now to create a more productive 2010! Go look at the calendar. It’s mid November, which means there are a mere seven weeks left in 2009. Now is the time ...
  16 hours ago

• IIM-A announces Business Plan Showcase

  
  Venture Intelligence Blog - Tracking Investments and Business Opportunities in India — Authority: 122
  IIMA is organizing a Business Plan Showcase as part of its Finance Conclave 2010.Entrepreneurs from following sectors are invited to submit their entries:Clean Tech & Renewable Energy Telecommunications and Mobile Services E-commerce & Web Portals Electronics IT/ITES Services IT Software PowerRegistrations ...
  20 hours ago

• Mind Business Plan

  
  Me Scrap — Authority: 126
  Business plan that i committed in one of the Wishcasting Wednesday . I love Tony Buzans Mind Mapping concept. I dont like the conventional format of Business Plan, all about the BORING words. Instead, I try to structure my business plan based on Buzans way, feel that its more structure, easily generate, visualize, ...
  1 day ago

• Beginning Your Own Internet Business From Home

  
  puritanpub.com — Authority: 158
  Ever wondered if it is feasible to start your own online business from home? Well it is possible, but like in all offline business, you must work diligently in order to realize good results. Eben Pagan Ignition teaches you how to start your own web business from home. But you want to grasp one thing – you will be ...
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• Start Your Own Car Wash Entrepreneur Magazines Start Up

  
  The Small Business Growth Blog — Authority: 128
  Start Your Own Car Wash Entrepreneur Magazines Start Up Start generating cash by the carload! Americans love their cars. They spend billions of dollars to maintain them-and this tender-loving care includes having them washed regularly. One result has been a tremendous boom in the car wash industry. With ...
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• Defining A Business Model Is A Basic Step To Make Money From Internet

  
  Free Internet Marketing Information — Authority: 160
  When you initiate your way to Get money from internet usually do not have a clear idea as to where to begin from. There are thousands of offers in the web that claim to help you to pave the way inside internet. Some of them are merely crap, but newbies do not know how to assess them. If you are just coming into the ...
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• Web Design Business Plan Guide

  
  IENACE — Authority: 142
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  2 days ago

• Herald features divided Coll

  
  For Argyll — Authority: 443
  This has been reported in Argyll much earlier but yesterday’s (13th November) Herald newspaper brought the matter to national attention.Headlined ‘Battle of islanders may Coll off £2.5 million project’, the article features the almost equal division on the island on whether to accept the £852,329 funding won ...
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• Seven Vital Steps - To Launch A Successful Internet Home-Based Business!

  
  Free Internet Marketing Information — Authority: 160
  Taking care of oneself and family has not seen so much upheaval since the Great Depression of the 1930’s. If you’re from a conventional employment background, instead of looking for an income from conventional job sources where you’re competing with millions of others, you might be wondering how to make money ...
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• Examples of Business Plans and Some Steps to Prepare It

  
  Earn Extra Money — Authority: 150
  Most of the people are looking into different business plan examples before they start with their business. A business plan outlines the operational and financial objectives of a certain business and includes the detailed plans and financial statement that shows how the objectives are to be realized. It also contains ...
  3 days ago

• The Business As a Thought Process

  
  PublishMyself.net — Authority: 132
  Helmuth von Moltke once said “No battle plan ever survives contact with the enemy.” True enough. But it doesn’t stop the armed forces from planning for the future and analyzing all possible alternatives that may require different courses of implementation as roadblocks are encountered. A plan does not guarantee ...
  3 days ago

• Things to do before writing your Business Plan

  
  pluGGd.in — Authority: 510
  If you want your business plan to deliver results for you, then you have to get involved in creating your plan. Writing a business plan has been discussed in detail in a series of two articles titled ‘Essential Business Plan for Start-ups – Individual Hoshin Plan’. But even before starting to writing a business ...
  3 days ago

• Sample Schedule for Internet Marketers

  
  Affiliate Marketing Tips — Authority: 129
  Do you do internet marketing? Even if you sell a product or a service online, internet marketing must be a component of your business plan. Remember, you will not make a sale if consumers do not know you have a…
  4 days ago

• Systems & Automation: Business Management Must-Haves

  
  SNOBs - Social Network For Opportunistic Businesswomen — Authority: 123
  No business can survive without processes and procedures. But when starting a new business, detailed processes can often wait and evolve as the business grows. The initial way of doing things is rapidly replaced with a better way of doing things. So spending a lot of time on systems before you launch can result in ...
  4 days ago

• Israeli Startup Wins Inaugural QPrize

  
  Xconomy — Authority: 709
  Incentive Prizes , business plan competitions , QPrize Bruce V. Bigelow wrote: San Diego-based Qualcomm (NASDAQ: QCOM ) says Panoramic Power, a wireless sensor startup based in Kidron, Israel, is the winner of the first QPrize, the incentive prize competition launched earlier this year by Qualcomm ...
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• Proven Business Debt Management Plan

  
  loans-blog — Authority: 147
  Business Debt management has the power to transform lives and save businesses. However, lone the greatest, the largest part of good reputation companies are able to successfully accomplish commerce debt management on behalf of a commerce. I still induce mail from my regular subscribers forceful me more or less the ...
  5 days ago

• Kerrera one of 5 Scottish finalists for Big Lottery Village SOS project

  
  For Argyll — Authority: 443
  Jim Mather, Argyll’s MSP and Enterprise Minister,  has warmly welcomed the news of the enterprise that has brought the Isle of Kerrera Development Trust to the shortlist of five Scottish finalists (two from the Highlands), in the Big Lottery Fund’s Village SOS project.This project is a  partnership between the ...
  5 days ago

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