This is often used as a teaser to awaken the interest of potential investors, customers, or strategic partners. Preparing a business plan draws on a wide range of knowledge from many different business disciplines: Retrieved from ” https: The format of a business plan depends on its presentation context. This article may rely excessively on sources too closely associated with the subject , potentially preventing the article from being verifiable and neutral.
An ” elevator pitch ” is a short summary of the plan’s executive summary. Please help improve it by replacing them with more appropriate citations to reliable, independent, third-party sources. Expert Solutions to Everyday Challenges. An open business plan is a business plan with unlimited audience. This page was last edited on 25 April , at
They may cover the development of a new product, a new service, a new IT system, a restructuring of finance, the refurbishing of a factory or a restructuring of the organization. Archived from the original on January 6, From Wikipedia, the free encyclopedia.
These plans typically have detailed information about the organization or the team making effort to reach its goals.
Business plan – Wikipedia
They may also address the project’s place within the organization’s larger strategic goals. This article possibly contains original research. Internally-focused business plans target intermediate goals required to reach the external goals.
This article has multiple issues.
This page was last edited on 25 Aprilat Typical structure for a business plan for a start up venture . Operational plans describe the goals of an internal organization, working group or department.
August Learn how and when to remove this template message. An internally-focused business plan is often developed businexs conjunction with a balanced scorecard or a list of critical success factors.
This article may require cleanup to meet Wikipedia’s quality standards. This situation is complicated by the fact that many venture capitalists will refuse to sign an NDA before looking at a business plan, lest it put them in the untenable position of looking at two independently developed look-alike business plans, both claiming originality. Es capitalists are primarily concerned about initial investment, feasibility, and exit valuation. Non-disclosure agreements NDAs with third parties, non-compete agreementsconflicts of interest, privacy concerns, and the protection of one’s trade secrets may severely limit the audience to which one might show the business plan.
Bueiness ” elevator pitch ” is a short summary of the plan’s executive summary. In the free software and open source business model, trade secrets, businews and patents can no longer be used as effective locking mechanisms to provide sustainable advantages to a particular business and therefore a secret business plan is less relevant in those models.
Please help improve this article by adding citations to reliable sources. During the dot-com bubble this was a problem for many technology start-ups. Traditionally busuness plans have been highly confidential and quite limited in audience. Retrieved from ” https: Financial busiess Financial market Financial market participants Corporate finance Personal finance Peer-to-peer lending Public finance Banks and banking Financial regulation Clawback.
Business plans that identify and target internal goals, but provide only general guidance on how they will be met are called strategic plans. Cost and revenue estimates are central to any business plan for deciding the viability of the planned venture.
Archived from the original on An externally targeted business plan should list all legal concerns and financial liabilities that might negatively affect investors. Depending on the amount of funds being raised and the audience to whom the plan is presented, failure to do this may have severe legal consequences. jzk
In such situations, busiiness may need to develop two versions of the business plan: Webarchive template wayback links Articles that may contain original research from August All articles that may contain original research Articles needing additional references from August All articles needing additional references Articles needing cleanup from March All pages needing cleanup Cleanup tagged articles with a reason field from March Wikipedia pages needing cleanup from March Articles lacking reliable references from March All articles lacking reliable references Articles with multiple maintenance issues All articles with unsourced statements Articles with unsourced statements from January Articles needing additional references from August A business plan for tvi project requiring equity financing will need to explain why current resources, upcoming growth opportunities, and sustainable competitive advantage will lead to a high exit valuation.
This article may rely excessively on sources too closely associated with the subjectpotentially preventing the article from being verifiable and neutral.
Unsourced material may be challenged and removed. Business documents Bsuiness plan competitions Entrepreneurship Formal statements Strategic management Venture capital. Business plans are decision-making tools. With for-profit entities, external stakeholders include investors and customers,  for non-profits, external stakeholders refer to donors and clients,  for government agencies, external stakeholders are the tax-payers, higher-level government agencies, and international lending bodies such as the International Monetary Fundthe World Bankvarious economic agencies of the United Nationsand development banks.