Business Plan
Example
A typical business plan for a startup might include an analysis of the target market, a detailed marketing strategy, and projected financials for the first three years of operation.
Definition
A business plan is a formal written document that outlines a company’s goals and the strategy for achieving them. It typically includes an executive summary, market analysis, marketing plan, organizational structure, and financial projections. Business plans are essential for raising capital, as they help investors and lenders understand the company’s vision and how it plans to become profitable.
Disclaimer: The terms and definitions provided in this business dictionary are for informational purposes only. While every effort has been made to ensure accuracy, the content may not be exhaustive and may not be applicable to all business situations. Readers should seek professional advice before making business, legal, or financial decisions based on the information provided. The authors and publishers are not responsible for any errors, omissions, or outcomes related to the use of this dictionary.