RSSAll Entries in the "Business Plans" Category

Writing a Business Plan – Operations Strategy

business plan should include an assessment of your production and operations strategy. Operations have a steep learning curve, but many successful companies, such as Wal-Mart, have grown by leveraging their operational infrastructure.
What Role Will Operations Play in Your Company?
This will depend on the nature of your business. If you’re selling a consumer good, it will [...]

Writing a Business Plan – Planning Your Exit Strategy

The final portion of your business plan outlines your exit strategy. It may seem odd to develop a strategy this soon to leave your business, but potential investors will want to know your long-term plans. Your exit plans need to be clear in your own mind because they will dictate how you operate the company. [...]

The Business Plan: Not Just a Blueprint

How to choose the right business plan format
Business planning is a vital component of starting and growing a successful enterprise. Many different templates and variations of business plans exist, so you must choose the right one for your purpose and your enterprise.
Who is the intended audience?
Some business plans are designed for internal audiences (owners, employees, [...]