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At our Entrepreneur magazine Roundtable, financial pros offer tough talk about the business plans of first-time entrepreneurs: Related: What Investors Really Think About Your Business Plan Video: How Can I Hire Someone to Help Write My Business Plan?
For non-profit and public services organisations, the word 'business' would commonly be substituted by 'service' or a similarly suitable alternative.
These planning principles apply to most types of organisations because virtually any organised activity has a 'market', 'customers', and 'competitors'.
And you want to get to there, a point in the future (usually three to five years out), at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets.
Your plan shows how you will get from here to there.
A business plan or report is necessarily focused on profit and financial effectiveness (without which, generally, nothing much else can happen) nevertheless, ethics and wider issues of corporate responsibility will provide a fundamental platform and context, particularly in this age of awareness and transparency concerning corporate behaviour.
Here is a quick easy template example for a business plan or other operational planning report or proposal.A sales plan is a strategy wherein you lay out your objectives, tactics, potential challenges, and target market.Here, you also identify what steps you’ll execute to meet your objectives.Always consider issues of philosophy and corporate ethics as well, and where appropriate refer to the organisation's position and/or aims regarding ethics, social responsibility, etc.These are not mechanisms within planning, but are critical reference points, particularly in modern times when risks of scandal and corporate negligence carry such big implications.This will also serve as your benchmark to assess your goals and accomplishments.Perhaps the most important role of a sales plan is to act as your compass in terms of meeting your prospect and customers’ needs. As mentioned earlier, a sales plan is similar to a business plan, but it focuses more on strategy.A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of one. You start here, today, with certain resources and abilities.a simple easy sample business planning template for new business development and operational planning reports1.2. business planning document - template/example This is a quick easy template for rapid business planning, especially for new business development, strategic planning, sales plans and market-led business planning.See the main section on business planning for more detailed business planning templates, tools, examples and processes.