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A business plan is a written description of your business’s
future, a document that tells what you plan to do and how you plan to do
it. If you jot down a paragraph on the back of an envelope describing
your business strategy, you’ve written a plan, or at least the germ of a
plan.
Business plans are inherently strategic. You start here, today, with certain resources and abilities. You want to get to a there, a point in the future (usually three to five years out) at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. Your plan shows how you will get from here to there.
Business plans are inherently strategic. You start here, today, with certain resources and abilities. You want to get to a there, a point in the future (usually three to five years out) at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. Your plan shows how you will get from here to there.
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