16 Jul 2018, 17:16 — 1 min read
Definition: A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals.
Example: The founders hashed out and presented a business plan to their employees. The aim was to reorient the company and focus on growth after a period of losses.
Business Insight: Business plans are comprehensive, laying out a written strategy for all aspects of business be it marketing, financial, operational and more. A good business plan is a necessary foundation on which to grow a business.
Read this article to learn how to write an effective business plan.
Posted byGlobalLinker Staff
We are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
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