spacer
spacer
spacer
spacer
linked image

business plan:

. . . the overall guide used by a business enterprise or business-like organization that sets forth its justifications for existence, approach to productivity, market segment(s), and how it creates value as a return on investment. It is a tool that includes detailed financial projections and performance forecasting. Some business plans are statements written in outline form; others are documents necessarily detailed to provide information that lenders or investors require. In addition to dealing with operational functionality, business plans may present information about business models, business architecture, and strategic planning as well as policies, procedures, and practices.

Business plans guide enterprise development projects. Savvy entrepreneurs know to have well-documented plans in hand when approaching venture capitalists or other potential stakeholders. The enterprise development process follows business planning.

The Entrepreneur Media website, www.entrepreneur.com, has a definition of business plan in its Small Business Encyclopedia and, in addition, offers information about the elements that make up a business plan under Starting a Business. Also, Wikipedia has a business plan article. Want to search the Web for more information? arrow spacer Copy the following italicized phrase, click on the link in the question, paste, and search: about "business model"



 
 
spacer
spacer
spacer
spacer
 
 
 
Key search words: define business plan define business plans define business planning define enterprise developer as business planner define business architecture define policies and procedures
Economic Development Services, Inc. -- copyrights and all rights reserved / 04/24/2014