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”

• The Basics of a Business Plan

  
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• Want To Run Your Own Business?Plan Your Finances.

  
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• Good Competition for High-End Startups

  
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• Planning…Marketing Tools…and Commitment equals Online Success!!

  
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• Free Internet Business Advertising

  
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• The Main Steps Of The Weight Loss

  
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• A Successful Business Plan for REALTORS

  
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• Business Plan Pro 15th Anniversary Edition

  
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• Business Plan Rewrite

  
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• Start-up Monies and Services Up for Grabs in Southern Nevada Business Competition

  
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• 6 Questions to Spark New Year’s Business Planning

  
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