Effective Business Plans

Effective Business Plans-56
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.An internally-focused business plan is often developed in conjunction with a balanced scorecard or a list of critical success factors.If you find that you're not meeting goals, you might need to adjust your budgets or your sales forecast.

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Now that you know how to use a sample business plan to help you write a plan for your business, it's time to find the right one.

Use the search bar below to get started and find the right match for your business idea.

With for-profit entities, external stakeholders include investors and customers, for government agencies, external stakeholders are the tax-payers, higher-level government agencies, and international lending bodies such as the International Monetary Fund, the World Bank, various economic agencies of the United Nations, and development banks.

Internally-focused business plans target intermediate goals required to reach the external goals.

If you're looking for more resources to help you get started, this guide on how to write a business plan is a good place to start.

You can also download our free business plan template, or get started right away with Live Plan.Every startup and small business is unique, so you'll want to avoid copying a sample plan word for word.It just won't be as helpful, since each business is unique.In its entirety, this document serves as a road map that provides direction to the business.Business plans may be internally or externally focused.For that to be true for your company, you'll think of part of your business planning process as tracking your actual results against your financial forecast on a regular basis.If things are going well, your plan will help you think about how you can re-invest in your business.For example, if you want to start a vegetarian restaurant, a plan for a steakhouse can be a great match.While the specifics of your actual startup will differ, the elements you'd want to include in your restaurant's business plan are likely to be very similar.But, you don't need an exact match for it to be helpful.Instead, look for a plan that's related to the type of business you're starting.

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