Business Plan - Business concept of the day

Business Plan - Business concept of the day

Business Development

GlobalLinker Staff

GlobalLinker Staff

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.

 

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GlobalLinker Staff

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