How does the noun plan contrast with its synonyms?
Some common synonyms of plan are design , plot , project , and scheme . While all these words mean "a method devised for making or doing something or achieving an end," plan always implies mental formulation and sometimes graphic representation.
When is design a more appropriate choice than plan ?
While in some cases nearly identical to plan , design often suggests a particular pattern and some degree of achieved order or harmony.
When could plot be used to replace plan ?
While the synonyms plot and plan are close in meaning, plot implies a laying out in clearly distinguished sections with attention to their relations and proportions.
When is it sensible to use project instead of plan ?
In some situations, the words project and plan are roughly equivalent. However, project often stresses imaginative scope and vision.
Where would scheme be a reasonable alternative to plan ?
The synonyms scheme and plan are sometimes interchangeable, but scheme stresses calculation of the end in view and may apply to a plan motivated by craftiness and self-interest.
Examples of plan in a Sentence
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'plan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Phrases Containing plan
installment plan
Thesaurus Entries Near plan
Cite this entry.
“Plan.” Merriam-Webster.com Thesaurus , Merriam-Webster, https://www.merriam-webster.com/thesaurus/plan. Accessed 1 Aug. 2024.
More from Merriam-Webster on plan
Nglish: Translation of plan for Spanish Speakers
Britannica English: Translation of plan for Arabic Speakers
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Top 10 Positive & Impactful Synonyms for “Business Plan” (With Meanings & Examples)
By Alexis Ingram
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Growth blueprint, venture outline, and success strategy—positive and impactful synonyms for “business plan” enhance your vocabulary and help you foster a mindset geared toward making a positive impact. So, we had to ask: What are the top ten positive & impactful synonyms for “business plan”?
The top 10 positive & impactful synonyms for “business plan” are growth blueprint, venture outline, success strategy, operational guide, profit roadmap, expansion framework, financial projection, strategic map, investment proposal, and market strategy. Using these synonyms helps you enhance both your communication and psychological resilience in several meaningful ways.
In the table below, you can see all these top ten synonyms including their descriptions, why they are positive and impactful synonyms for “business plan,” and example sentences that highlight how you can use each of these. We’ll then also share ten benefits of why you should use these synonyms, ten interesting facts about the word “business plan,” and a brief history of the development of our alphabet.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Here Are the Top 10 Positive & Impactful Synonyms for “Business Plan”
Our list of positive & impactful synonyms for “business plan” help you expand your vocabulary and enhance both your communication and psychological resilience in several meaningful ways ( you can read more about it in the next section ).
That’s why it’s so important to focus on synonyms that can be used in a positive and impactful way.
Business Plan : a document setting out a business’s future objectives and strategies for achieving them Oxford Dictionary
Our top ten synonyms for “business plan” exemplify the beauty of our language—their meaning is not just fixed but can be shaped by the context they are used in.
Growth Blueprint
Highlights a strategic framework focusing on expansion, akin to a ‘business plan’ in guiding companies towards scaling and development.
“Our growth blueprint has mapped out the next five years of expansion, targeting new markets and product lines.”
Venture Outline
Focuses on the preliminary sketch of a business idea, similar to a ‘business plan’ but with an emphasis on the startup phase.
“The entrepreneur’s venture outline impressed the investors with its clarity and innovation.”
Success Strategy
Emphasizes the planning aspect directed towards achieving success, paralleling a ‘business plan’s role in outlining steps to reach business goals.
“Their success strategy detailed a comprehensive approach to dominate the online retail market.”
Operational Guide
Underlines a document that provides detailed instructions for running the business, mirroring a ‘business plan’s comprehensive nature.
“The company’s operational guide was essential in maintaining efficiency during rapid growth.”
Profit Roadmap
Specifies a plan with a focus on achieving profitability, directly relating to a ‘business plan’s aim to outline financial goals and how to reach them.
“The startup’s profit roadmap includes a clear path to break-even within the first two years.”
Expansion Framework
Describes the structure for growing the business, akin to a ‘business plan’ with a focus on scaling operations and entering new markets.
“Their expansion framework is set to guide the company into international markets by next year.”
Financial Projection
Centers on the aspect of forecasting future revenue and expenses, resonating with a ‘business plan’s role in financial planning.
“The financial projection shows promising returns, doubling our investment in the next four years.”
Strategic Map
Highlights the detailed planning and direction-setting, similar to a ‘business plan’ in its function to navigate the company’s future actions.
“The strategic map outlined by the CEO provided a clear vision for the company’s direction over the next decade.”
Investment Proposal
Focuses on attracting funding and resources, paralleling a ‘business plan’s purpose in securing financial support.
“Their investment proposal was meticulously prepared, showcasing the potential for high returns.”
Market Strategy
Emphasizes the approach to capturing and serving the target market, closely related to a ‘business plan’s emphasis on market analysis and engagement strategies.
“The company’s market strategy includes leveraging technology to better meet customer needs.”
10 Benefits of Using More Positive & Impactful Synonyms
Our positive & impactful synonyms for “business plan” help you expand your vocabulary and enhance both your communication and psychological resilience in several meaningful ways:
Encouraging Positive Framing : Using positive synonyms allows for a more optimistic and affirmative way of expressing thoughts. This can influence not only the speaker’s or writer’s mindset but also positively impact the audience’s perception and reaction.
Improving Emotional Intelligence : Learning different positive synonyms helps in accurately expressing emotions. This aids in emotional intelligence, as one can more precisely convey feelings and understand the emotions of others.
Enhancing Persuasive Communication : In persuasive writing and speaking, using positive synonyms can be more effective in convincing an audience, as people generally respond better to positive language.
Broadening Emotional Vocabulary : A range of positive synonyms enriches your emotional vocabulary. It’s one thing to say you’re “happy” and another to express that you’re “elated,” “joyful,” or “content.” Each word carries a unique emotional hue.
Creating a Positive Atmosphere : The use of positive language can create a more constructive and encouraging atmosphere in both personal and professional settings. This can lead to better teamwork, more effective communication, and improved interpersonal relationships.
Enhancing Creative Writing : For those engaged in creative writing, a repertoire of positive synonyms can help in vividly depicting scenes, characters, and emotions, making the narrative more engaging and lively.
Improving Mental Health and Well-being : Regularly using and thinking in terms of positive words can influence one’s mental state and outlook on life. Positive language has been linked to greater well-being and a more optimistic outlook.
Improving Cognitive Flexibility : Expanding your vocabulary with positive synonyms enhances your cognitive flexibility. This means you become more adept at thinking creatively and adapting your language use to different situations. The mental exercise involved in learning and using a variety of positive words can also contribute to overall cognitive health, keeping your mind sharp and responsive.
Building Social Skills and Empathy : When you have a variety of positive words at your disposal, you’re better equipped to offer compliments, encouragement, and empathetic responses in social interactions.
Facilitating Conflict Resolution : In situations of conflict, the use of positive language can help de-escalate tension. Having a range of positive synonyms allows for more constructive and diplomatic communication.
Overall, your use of positive synonyms not only broadens your vocabulary but also positively influences your thought processes, emotional expression, and interpersonal interactions.
10 Interesting Facts About the Phrase “Business Plan”
Let’s take a step back and have a look at some interesting facts about the word “business plan” .
Etymology of “Business” : The word “business” comes from the Old English “bisignis,” which means “care, anxiety, occupation,” reflecting the involvement and concern associated with running a commercial enterprise.
Etymology of “Plan” : “Plan” originates from the French “plan,” meaning “a drawing, plan, sketch, scheme,” which in turn comes from the Latin “planum,” meaning “flat surface.” The term implies a detailed proposal for doing or achieving something.
Conceptual Emergence : The concept of a business plan as we understand it today started to take shape in the early 20 th century, as the complexity of business operations increased and required more detailed planning and forecasting.
Importance in Startups : Business plans have become particularly crucial for startups in the late 20 th and early 21 st centuries, serving as essential documents for attracting investors, securing loans, and guiding the strategic direction.
Evolution with Technology : The format and detail of business plans have evolved with technological advancements, including the use of business planning software, which allows for more dynamic, interactive, and data-driven plans.
Diversity of Types : Business plans can vary widely depending on their purpose, including traditional, lean startup, and operational plans, each tailored to different needs and stages of business development.
Role in Funding : A comprehensive business plan is often a prerequisite for securing funding from investors or banks, serving as a roadmap for the company’s future and a demonstration of its viability and profitability.
Strategic Framework : Beyond financial projections, a business plan provides a strategic framework for decision-making, outlining the business’s vision, mission, values, and objectives.
Adaptability : Successful business plans are not static documents; they are expected to evolve and adapt to changing market conditions, reflecting the dynamic nature of business.
Educational Tool : Business plans are used as educational tools in business schools and entrepreneurship programs, helping students to learn strategic planning, financial forecasting, and market analysis skills.
A Brief History of Our Alphabet
The story of our alphabet has a rich and compelling history , beginning with ancient civilizations and carrying forward into the present day.
The history of our modern alphabet is a fascinating journey that spans several millennia and cultures. It’s commonly referred to as the Latin or Roman alphabet, and here’s a brief overview of its evolution:
Phoenician Alphabet (circa 1050 BCE) : The story begins with the Phoenician alphabet, one of the oldest writing systems known to use a one-to-one correspondence between sounds and symbols. This Semitic alphabet had about 22 consonants, but no vowels, and was primarily used for trade.
Greek Alphabet (circa 800 BCE) : The Greeks borrowed and adapted the Phoenician script. Crucially, they introduced vowels, making it one of the first true alphabets where each symbol represented a distinct sound (both vowel and consonant). The Greek alphabet had a significant influence on the development of other alphabets.
Etruscan Alphabet (circa 700 BCE) : The Etruscan civilization in Italy adapted the Greek alphabet to their own language. While Etruscan was largely replaced by Latin, their version of the alphabet was a key predecessor to the Roman one.
Latin Alphabet (circa 700 BCE – Present) : The Latin alphabet emerged from the adaptation of the Etruscan script. Ancient Rome used this alphabet, and it spread across Europe as the Roman Empire expanded. The original Latin alphabet did not contain the letters J, U, and W. These were added much later along with other modifications to suit different languages and phonetic needs.
Modern Variations : Today, the Latin alphabet is the most widely used alphabetic writing system in the world. It has undergone various changes to accommodate different languages and sounds. For instance, English—among other languages—added letters like ‘J’, ‘U’, and ‘W’, while other languages incorporate additional characters like ‘Ñ’ in Spanish or ‘Ç’ in French.
This evolution reflects not just linguistic changes but also cultural and historical shifts, as the alphabet was adapted by different societies across centuries.
Final Thoughts
Expanding your vocabulary is akin to broadening your intellectual horizons and enhancing your capacity to express your thoughts and emotions with precision. By embracing additional synonyms for “business plan,” you’re not just learning new terms, but you’re also gaining nuanced ways to communicate positivity and impact.
The more words you have at your disposal, the more accurately and vividly you can paint your thoughts into speech and writing. So, by growing your vocabulary, especially with positive and impactful words, you’re empowering yourself to engage more effectively and inspiringly with the world around you.
Society for Personality and Social Psychology: Why a Simple Act of Kindness Is Not as Simple as It Seems: Underestimating the Positive Impact of Our Compliments on Others
Journal of Personality: Psychological Resilience and Positive Emotional Granularity: Examining the Benefits of Positive Emotions on Coping and Health
David Sacks: Letter Perfect: The Marvelous History of Our Alphabet From A to Z
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Looking for synonyms for business plan ? We’ve got you covered!
Here’s a list of other ways to say business plan .
Business strategy
Business model
Strategic plan
Market strategy
Business blueprint
Operational plan
Business proposal
Corporate plan
Growth plan
Business roadmap
Financial plan
Investment strategy
Marketing plan
Expansion plan
Revenue model
Business scheme
Company strategy
Business outline
Business framework
Strategic business plan
Want to learn how to say business plan professionally? Keep reading for examples and use cases.
1. Business Strategy
Used to describe the overarching approach a business will take to achieve its goals. Example: “Our business strategy focuses on digital transformation to enhance customer experiences.”
2. Business Model
Refers to the plan for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing. Example: “The start-up’s business model is based on a subscription service that provides exclusive access to premium content.”
3. Strategic Plan
A document that outlines how a company will achieve its objectives, typically over a three- to five-year period. Example: “The board reviewed the strategic plan to ensure alignment with the company’s long-term vision.”
4. Market Strategy
Focuses specifically on the actions a business will take to attract customers and maintain a competitive advantage in the market. Example: “Our market strategy includes a mix of online advertising and community engagement to build brand awareness.”
5. Business Blueprint
A detailed plan outlining the company’s structure, products, marketing strategy, and more, acting as a roadmap for business operations. Example: “The entrepreneur drafted a business blueprint to secure funding from investors.”
6. Operational Plan
Details the day-to-day operations required to run a company, including production, inventory, and staffing requirements. Example: “The operational plan was updated to improve efficiency in the manufacturing process.”
7. Business Proposal
A document designed to persuade an organization or individual to buy a product or service or to make a partnership or investment. Example: “The business proposal was submitted to the city council to outline the benefits of the new public transportation initiative.”
8. Corporate Plan
A comprehensive document that outlines an organization’s objectives and the strategies it will use to achieve them, usually in a corporate context. Example: “The annual corporate plan lays out the company’s priorities for increasing market share and enhancing shareholder value.”
9. Growth Plan
A strategy for how a business will scale its operations and increase its size and customer base. Example: “The growth plan includes entering two new international markets within the next year.”
10. Business Roadmap
A visual representation of the strategic direction and key objectives of a company over time. Example: “The business roadmap presented to the team highlighted milestones for product development and market expansion.”
11. Financial Plan
Outlines the business’s financial goals and how it plans to achieve them, including projections for income, expenses, and funding. Example: “The financial plan projects a 20% increase in revenue over the next fiscal year through diversification of our service offerings.”
12. Investment Strategy
A plan for how a business will allocate its resources to achieve financial growth and sustainability. Example: “Our investment strategy includes a mix of short-term stocks and long-term bonds to finance future expansion.”
13. Marketing Plan
Details a business’s strategy for promoting its products or services to reach its target market. Example: “The marketing plan focuses on digital channels to engage with our younger demographic more effectively.”
14. Expansion Plan
Outlines how a business intends to grow, including entering new markets, increasing product lines, or acquiring other businesses. Example: “The expansion plan details the steps for opening additional retail locations in three new states.”
15. Revenue Model
Describes how a business generates income, including the specifics of pricing, sales, and marketing strategies. Example: “Our revenue model relies on a combination of direct sales and membership fees to ensure steady cash flow.”
16. Business Scheme
A structured plan of business objectives and the means to achieve them, often used in contexts where the plan involves complex or innovative ideas. Example: “The business scheme was developed to revolutionize the way we approach renewable energy solutions.”
17. Company Strategy
The overall plan for a company that includes goals, principles, and tactics for achieving growth and success. Example: “The company strategy was revised to focus more on sustainability and eco-friendly practices.”
18. Business Outline
A brief overview of the business’s objectives, strategies, and operations. Example: “The business outline was used in the pitch to potential investors to summarize the company’s direction and goals.”
19. Business Framework
A structure that provides an organized way to think about how a business operates and achieves its objectives. Example: “We’re implementing a new business framework to improve cross-departmental collaboration and efficiency.”
20. Strategic Business Plan
A detailed document that integrates strategic planning with business planning, focusing on achieving long-term objectives. Example: “The strategic business plan was developed to guide the company through its next phase of growth, emphasizing innovation and global expansion.”
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What Is a Business Plan? Definition and Planning Essentials Explained
Posted february 21, 2022 by kody wirth.
What is a business plan? It’s the roadmap for your business. The outline of your goals, objectives, and the steps you’ll take to get there. It describes the structure of your organization, how it operates, as well as the financial expectations and actual performance.
A business plan can help you explore ideas, successfully start a business, manage operations, and pursue growth. In short, a business plan is a lot of different things. It’s more than just a stack of paper and can be one of your most effective tools as a business owner.
Let’s explore the basics of business planning, the structure of a traditional plan, your planning options, and how you can use your plan to succeed.
What is a business plan?
A business plan is a document that explains how your business operates. It summarizes your business structure, objectives, milestones, and financial performance. Again, it’s a guide that helps you, and anyone else, better understand how your business will succeed.
Why do you need a business plan?
The primary purpose of a business plan is to help you understand the direction of your business and the steps it will take to get there. Having a solid business plan can help you grow up to 30% faster and according to our own 2021 Small Business research working on a business plan increases confidence regarding business health—even in the midst of a crisis.
These benefits are directly connected to how writing a business plan makes you more informed and better prepares you for entrepreneurship. It helps you reduce risk and avoid pursuing potentially poor ideas. You’ll also be able to more easily uncover your business’s potential. By regularly returning to your plan you can understand what parts of your strategy are working and those that are not.
That just scratches the surface for why having a plan is valuable. Check out our full write-up for fifteen more reasons why you need a business plan .
What can you do with your plan?
So what can you do with a business plan once you’ve created it? It can be all too easy to write a plan and just let it be. Here are just a few ways you can leverage your plan to benefit your business.
Test an idea
Writing a plan isn’t just for those that are ready to start a business. It’s just as valuable for those that have an idea and want to determine if it’s actually possible or not. By writing a plan to explore the validity of an idea, you are working through the process of understanding what it would take to be successful.
The market and competitive research alone can tell you a lot about your idea. Is the marketplace too crowded? Is the solution you have in mind not really needed? Add in the exploration of milestones, potential expenses, and the sales needed to attain profitability and you can paint a pretty clear picture of the potential of your business.
Create a professional business plan
Using ai and step-by-step instructions.
Secure funding
Validate ideas
Build a strategy
Document your strategy and goals
For those starting or managing a business understanding where you’re going and how you’re going to get there are vital. Writing your plan helps you do that. It ensures that you are considering all aspects of your business, know what milestones you need to hit, and can effectively make adjustments if that doesn’t happen.
With a plan in place, you’ll have an idea of where you want your business to go as well as how you’ve performed in the past. This alone better prepares you to take on challenges, review what you’ve done before, and make the right adjustments.
Pursue funding
Even if you do not intend to pursue funding right away, having a business plan will prepare you for it. It will ensure that you have all of the information necessary to submit a loan application and pitch to investors. So, rather than scrambling to gather documentation and write a cohesive plan once it’s relevant, you can instead keep your plan up-to-date and attempt to attain funding. Just add a use of funds report to your financial plan and you’ll be ready to go.
The benefits of having a plan don’t stop there. You can then use your business plan to help you manage the funding you receive. You’ll not only be able to easily track and forecast how you’ll use your funds but easily report on how it’s been used.
Better manage your business
A solid business plan isn’t meant to be something you do once and forget about. Instead, it should be a useful tool that you can regularly use to analyze performance, make strategic decisions, and anticipate future scenarios. It’s a document that you should regularly update and adjust as you go to better fit the actual state of your business.
Doing so makes it easier to understand what’s working and what’s not. It helps you understand if you’re truly reaching your goals or if you need to make further adjustments. Having your plan in place makes that process quicker, more informative, and leaves you with far more time to actually spend running your business.
What should your business plan include?
The content and structure of your business plan should include anything that will help you use it effectively. That being said, there are some key elements that you should cover and that investors will expect to see.
Executive summary
The executive summary is a simple overview of your business and your overall plan. It should serve as a standalone document that provides enough detail for anyone—including yourself, team members, or investors—to fully understand your business strategy. Make sure to cover the problem you’re solving, a description of your product or service, your target market, organizational structure, a financial summary, and any necessary funding requirements.
This will be the first part of your plan but it’s easiest to write it after you’ve created your full plan.
Products & Services
When describing your products or services, you need to start by outlining the problem you’re solving and why what you offer is valuable. This is where you’ll also address current competition in the market and any competitive advantages your products or services bring to the table. Lastly, be sure to outline the steps or milestones that you’ll need to hit to successfully launch your business. If you’ve already hit some initial milestones, like taking pre-orders or early funding, be sure to include it here to further prove the validity of your business.
Market analysis
A market analysis is a qualitative and quantitative assessment of the current market you’re entering or competing in. It helps you understand the overall state and potential of the industry, who your ideal customers are, the positioning of your competition, and how you intend to position your own business. This helps you better explore the long-term trends of the market, what challenges to expect, and how you will need to initially introduce and even price your products or services.
Check out our full guide for how to conduct a market analysis in just four easy steps .
Marketing & sales
Here you detail how you intend to reach your target market. This includes your sales activities, general pricing plan, and the beginnings of your marketing strategy. If you have any branding elements, sample marketing campaigns, or messaging available—this is the place to add it.
Additionally, it may be wise to include a SWOT analysis that demonstrates your business or specific product/service position. This will showcase how you intend to leverage sales and marketing channels to deal with competitive threats and take advantage of any opportunities.
Check out our full write-up to learn how to create a cohesive marketing strategy for your business.
Organization & management
This section addresses the legal structure of your business, your current team, and any gaps that need to be filled. Depending on your business type and longevity, you’ll also need to include your location, ownership information, and business history. Basically, add any information that helps explain your organizational structure and how you operate. This section is particularly important for pitching to investors but should be included even if attempted funding is not in your immediate future.
Financial projections
Possibly the most important piece of your plan, your financials section is vital for showcasing the viability of your business. It also helps you establish a baseline to measure against and makes it easier to make ongoing strategic decisions as your business grows. This may seem complex on the surface, but it can be far easier than you think.
Focus on building solid forecasts, keep your categories simple, and lean on assumptions. You can always return to this section to add more details and refine your financial statements as you operate.
Here are the statements you should include in your financial plan:
Sales and revenue projections
Profit and loss statement
Cash flow statement
Balance sheet
The appendix is where you add additional detail, documentation, or extended notes that support the other sections of your plan. Don’t worry about adding this section at first and only add documentation that you think will be beneficial for anyone reading your plan.
Types of business plans explained
While all business plans cover similar categories, the style and function fully depend on how you intend to use your plan. So, to get the most out of your plan, it’s best to find a format that suits your needs. Here are a few common business plan types worth considering.
Traditional business plan
The tried-and-true traditional business plan is a formal document meant to be used for external purposes. Typically this is the type of plan you’ll need when applying for funding or pitching to investors. It can also be used when training or hiring employees, working with vendors, or any other situation where the full details of your business must be understood by another individual.
This type of business plan follows the outline above and can be anywhere from 10-50 pages depending on the amount of detail included, the complexity of your business, and what you include in your appendix. We recommend only starting with this business plan format if you plan to immediately pursue funding and already have a solid handle on your business information.
Business model canvas
The business model canvas is a one-page template designed to demystify the business planning process. It removes the need for a traditional, copy-heavy business plan, in favor of a single-page outline that can help you and outside parties better explore your business idea.
The structure ditches a linear structure in favor of a cell-based template. It encourages you to build connections between every element of your business. It’s faster to write out and update, and much easier for you, your team, and anyone else to visualize your business operations. This is really best for those exploring their business idea for the first time, but keep in mind that it can be difficult to actually validate your idea this way as well as adapt it into a full plan.
One-page business plan
The true middle ground between the business model canvas and a traditional business plan is the one-page business plan. This format is a simplified version of the traditional plan that focuses on the core aspects of your business. It basically serves as a beefed-up pitch document and can be finished as quickly as the business model canvas.
By starting with a one-page plan, you give yourself a minimal document to build from. You’ll typically stick with bullet points and single sentences making it much easier to elaborate or expand sections into a longer-form business plan. This plan type is useful for those exploring ideas, needing to validate their business model, or who need an internal plan to help them run and manage their business.
Now, the option that we here at LivePlan recommend is the Lean Plan . This is less of a specific document type and more of a methodology. It takes the simplicity and styling of the one-page business plan and turns it into a process for you to continuously plan, test, review, refine, and take action based on performance.
It holds all of the benefits of the single-page plan, including the potential to complete it in as little as 27-minutes . However, it’s even easier to convert into a full plan thanks to how heavily it’s tied to your financials. The overall goal of Lean Planning isn’t to just produce documents that you use once and shelve. Instead, the Lean Planning process helps you build a healthier company that thrives in times of growth and stable through times of crisis.
It’s faster, keeps your plan concise, and ensures that your plan is always up-to-date.
Try the LivePlan Method for Lean Business Planning
Now that you know the basics of business planning, it’s time to get started. Again we recommend leveraging a Lean Plan for a faster, easier, and far more useful planning process.
To get familiar with the Lean Plan format, you can download our free Lean Plan template . However, if you want to elevate your ability to create and use your lean plan even further, you may want to explore LivePlan.
It features step-by-step guidance that ensures you cover everything necessary while reducing the time spent on formatting and presenting. You’ll also gain access to financial forecasting tools that propel you through the process. Finally, it will transform your plan into a management tool that will help you easily compare your forecasts to your actual results.
Check out how LivePlan streamlines Lean Planning by downloading our Kickstart Your Business ebook .
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What Is a Business Plan?
Understanding business plans, how to write a business plan, common elements of a business plan, the bottom line, business plan: what it is, what's included, and how to write one.
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He currently researches and teaches economic sociology and the social studies of finance at the Hebrew University in Jerusalem.
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A business plan is a document that outlines a company's goals and the strategies to achieve them. It's valuable for both startups and established companies. For startups, a well-crafted business plan is crucial for attracting potential lenders and investors. Established businesses use business plans to stay on track and aligned with their growth objectives. This article will explain the key components of an effective business plan and guidance on how to write one.
Key Takeaways
A business plan is a document detailing a company's business activities and strategies for achieving its goals.
Startup companies use business plans to launch their venture and to attract outside investors.
For established companies, a business plan helps keep the executive team focused on short- and long-term objectives.
There's no single required format for a business plan, but certain key elements are essential for most companies.
Investopedia / Ryan Oakley
Any new business should have a business plan in place before beginning operations. Banks and venture capital firms often want to see a business plan before considering making a loan or providing capital to new businesses.
Even if a company doesn't need additional funding, having a business plan helps it stay focused on its goals. Research from the University of Oregon shows that businesses with a plan are significantly more likely to secure funding than those without one. Moreover, companies with a business plan grow 30% faster than those that don't plan. According to a Harvard Business Review article, entrepreneurs who write formal plans are 16% more likely to achieve viability than those who don't.
A business plan should ideally be reviewed and updated periodically to reflect achieved goals or changes in direction. An established business moving in a new direction might even create an entirely new plan.
There are numerous benefits to creating (and sticking to) a well-conceived business plan. It allows for careful consideration of ideas before significant investment, highlights potential obstacles to success, and provides a tool for seeking objective feedback from trusted outsiders. A business plan may also help ensure that a company’s executive team remains aligned on strategic action items and priorities.
While business plans vary widely, even among competitors in the same industry, they often share basic elements detailed below.
A well-crafted business plan is essential for attracting investors and guiding a company's strategic growth. It should address market needs and investor requirements and provide clear financial projections.
While there are any number of templates that you can use to write a business plan, it's best to try to avoid producing a generic-looking one. Let your plan reflect the unique personality of your business.
Many business plans use some combination of the sections below, with varying levels of detail, depending on the company.
The length of a business plan can vary greatly from business to business. Regardless, gathering the basic information into a 15- to 25-page document is best. Any additional crucial elements, such as patent applications, can be referenced in the main document and included as appendices.
Common elements in many business plans include:
Executive summary : This section introduces the company and includes its mission statement along with relevant information about the company's leadership, employees, operations, and locations.
Products and services : Describe the products and services the company offers or plans to introduce. Include details on pricing, product lifespan, and unique consumer benefits. Mention production and manufacturing processes, relevant patents , proprietary technology , and research and development (R&D) information.
Market analysis : Explain the current state of the industry and the competition. Detail where the company fits in, the types of customers it plans to target, and how it plans to capture market share from competitors.
Marketing strategy : Outline the company's plans to attract and retain customers, including anticipated advertising and marketing campaigns. Describe the distribution channels that will be used to deliver products or services to consumers.
Financial plans and projections : Established businesses should include financial statements, balance sheets, and other relevant financial information. New businesses should provide financial targets and estimates for the first few years. This section may also include any funding requests.
Investors want to see a clear exit strategy, expected returns, and a timeline for cashing out. It's likely a good idea to provide five-year profitability forecasts and realistic financial estimates.
2 Types of Business Plans
Business plans can vary in format, often categorized into traditional and lean startup plans. According to the U.S. Small Business Administration (SBA) , the traditional business plan is the more common of the two.
Traditional business plans : These are detailed and lengthy, requiring more effort to create but offering comprehensive information that can be persuasive to potential investors.
Lean startup business plans : These are concise, sometimes just one page, and focus on key elements. While they save time, companies should be ready to provide additional details if requested by investors or lenders.
Why Do Business Plans Fail?
A business plan isn't a surefire recipe for success. The plan may have been unrealistic in its assumptions and projections. Markets and the economy might change in ways that couldn't have been foreseen. A competitor might introduce a revolutionary new product or service. All this calls for building flexibility into your plan, so you can pivot to a new course if needed.
How Often Should a Business Plan Be Updated?
How frequently a business plan needs to be revised will depend on its nature. Updating your business plan is crucial due to changes in external factors (market trends, competition, and regulations) and internal developments (like employee growth and new products). While a well-established business might want to review its plan once a year and make changes if necessary, a new or fast-growing business in a fiercely competitive market might want to revise it more often, such as quarterly.
What Does a Lean Startup Business Plan Include?
The lean startup business plan is ideal for quickly explaining a business, especially for new companies that don't have much information yet. Key sections may include a value proposition , major activities and advantages, resources (staff, intellectual property, and capital), partnerships, customer segments, and revenue sources.
A well-crafted business plan is crucial for any company, whether it's a startup looking for investment or an established business wanting to stay on course. It outlines goals and strategies, boosting a company's chances of securing funding and achieving growth.
As your business and the market change, update your business plan regularly. This keeps it relevant and aligned with your current goals and conditions. Think of your business plan as a living document that evolves with your company, not something carved in stone.
University of Oregon Department of Economics. " Evaluation of the Effectiveness of Business Planning Using Palo Alto's Business Plan Pro ." Eason Ding & Tim Hursey.
Bplans. " Do You Need a Business Plan? Scientific Research Says Yes ."
Harvard Business Review. " Research: Writing a Business Plan Makes Your Startup More Likely to Succeed ."
Harvard Business Review. " How to Write a Winning Business Plan ."
U.S. Small Business Administration. " Write Your Business Plan ."
SCORE. " When and Why Should You Review Your Business Plan? "
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7 Different Types of Business Plans Explained
11 min. read
Updated April 10, 2024
Business plans go by many names: Strategic plans, traditional plans , operational plans, feasibility plans, internal plans, growth plans, and more.
Different situations call for different types of plans.
But what makes each type of plan unique? And why should you consider one type over another?
In this article, we’ll uncover a quick process to find the right type of business plan, along with an overview of each option.
Let’s help you find the right planning format.
What type of business plan do you need?
The short answer is… it depends.
Your current business stage, intended audience, and how you’ll use the plan will all impact what format works best.
Remember, just the act of planning will improve your chances of success . It’s important to land on an option that will support your needs. Don’t get too hung up on making the right choice and delay writing your plan.
So, how do you choose?
1. Know why you need a business plan
What are you creating a business plan for ? Are you pitching to potential investors? Applying for a loan? Trying to understand if your business idea is feasible?
You may need a business plan for one or multiple reasons. What you intend to do with it will inform what type of plan you need.
For example: A more robust and detailed plan may be necessary if you seek investment . But a shorter format could be more useful and less time-consuming if you’re just testing an idea.
2. Become familiar with your options
You don’t need to become a planning expert and understand every detail about every type of plan. You just need to know the basics:
What makes this type of plan unique?
What are its benefits?
What are its drawbacks?
Which types of businesses typically use it?
By taking the time to review, you’ll understand what you’re getting into and be more likely to complete your plan. Plus, you’ll come away with a document built with your use case(s) in mind—meaning you won’t have to restart to make it a valuable tool.
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3. Start small and grow
When choosing a business plan format, a good tactic is to opt for a shorter option and build from there. You’ll save time and effort and still come away with a working business plan.
Plus, you’ll better understand what further planning you may need to do. And you won’t be starting from scratch.
Read More: How to identify the right type of plan for your business
Again, the type of business plan you need fully depends on your situation and use case. But running through this quick exercise will help you narrow down your options.
Now let’s look at the common business plan types you can choose from.
Traditional business plan
The traditional (or standard) business plan is an in-depth document covering every aspect of your business. It’s the most common plan type you’ll come across.
A traditional business plan is broken up into 10 sections:
Executive summary
Description of products and services
Market analysis
Competitive analysis
Marketing and sales plan
Business operations
Key milestones and metrics
Organization and management team
Financial plan
Appendix
Why use this type of plan?
A traditional business plan is best for anyone approaching specific business planning events—such as presenting a business plan to a bank or investor for funding.
A traditional plan can also be useful if you need to add more details around specific business areas.
For example: You start as a solopreneur and don’t immediately need to define your team structure. But eventually you hit a threshold where you need more staff in order to keep growing. A great way to explore which roles you need and how they will function is by fleshing out the organization and management section .
That’s the unseen value of a more detailed plan like this. While you can follow the structure outlined above and create an in-depth plan ready for funding, you can also choose which sections to prioritize.
Read More: How to write a traditional business plan
One-page plan
The one-page business plan is a simplified (but just as useful) version of a traditional business plan. It follows the same structure, but is far easier to create. It can even be used as a pitch document.
Here’s how you’ll organize information when using a one-page plan:
Value proposition
Market need
Your solution
Competition
Target market
Sales and marketing
Budget and sales goals
Team summary
Key partners
Funding needs
A one-page plan is faster and easier to assemble than a traditional plan. You can write a one-page plan in as little as 30 minutes .
You’ll still cover the crucial details found in a traditional plan, but in a more manageable format.
So, if you’re exploring a business idea for the first time or updating your strategy—a one-page plan is ideal. You can review and update your entire plan in just a few minutes.
Applying for a loan with this type of plan probably wouldn’t make sense. Lenders typically want to see a more detailed plan to accurately assess potential risk.
However, it is a great option to send to investors.
“Investors these days are much less likely to look at a detailed plan,” says Palo Alto Software COO Noah Parsons. “An executive summary or one-page plan, pitch presentation, and financials are all a VC is likely to look at.”
Creating a more detailed plan is as much about being prepared as anything else. If you don’t dig into everything a traditional plan covers, you’ll struggle to land your pitch .
If you don’t intend to seek funding, a one-page plan is often all you need. The key is regularly revisiting it to stay on top of your business.
Let’s explore two unique processes to help you do that:
Read More: How to write a one-page business plan
Lean planning process
Lean planning is a process that uses your one-page plan as a testing tool. The goal is to create a plan and immediately put it into action to see if your ideas actually work. You’ll typically be focusing on one (or all) of the following areas:
Strategy – What you will do
Tactics – How you will do it
Business Model – How you make money
Schedule – Who is responsible and when will it happen
Why use this process?
Lean planning is best for businesses that need to move fast, test assumptions, revise, and get moving again. It’s short and simple, and meant to get everyone on the same page as quickly as possible.
That’s why it’s so popular for startups. They don’t necessarily need a detailed plan, since they’re mostly focused on determining whether or not they have a viable business idea .
The only drawback is that this planning process is built primarily around early-stage businesses. It can be a useful tool for established businesses looking to test a strategy, but it may not be as helpful for ongoing management.
Read More: The fundamentals of lean planning
Growth planning
Growth planning is a financials-focused planning process designed to help you make quick and strategic decisions.
Again, it starts with a one-page plan outlining your strategy, tactics, business model, and schedule. The next step is to create a working financial forecast that includes projected sales, expenses, and cash flows.
From there, you run your business.
As you go, track your actual financial performance and carve out time to compare it to your forecasts . If you spot any differences, these discrepancies may indicate problems or opportunities that call for adjusting your current strategy.
Growth planning combines the simplicity of the one-page plan and the speed of lean planning, with the power of financial forecasting.
This makes the process useful for every business stage and even allows you to skip to the forecasting step if you already have a plan.
With growth planning, you’ll:
Regularly revisit your financials
Better understand how your business operates
Make quick and confident decisions
This process focuses on growing your business. If diving into your financials isn’t a priority right now, that’s okay. Start with a one-page plan instead, and revisit growth planning when you’re ready.
Read More: How to write a growth-oriented business plan
Internal plan
Sometimes you just need a business plan that works as an internal management tool.
Something to help you:
Set business goals
Provide a high-level overview of operations
Prepare to create budgets and financial projections
You don’t need an overly long and detailed business plan for this. Just a document that is easy to create, useful for developing or revisiting your strategy, and able to get everyone up to speed.
The internal plan is a great option if you’re not planning to present your plan to anyone outside your business. Especially if you’re an up-and-running business that may have created a plan previously. You might just need something simple for day-to-day use.
Read More: 8 steps to write a useful internal business plan
5-year business plan
Some investors or stakeholders may request a long-term plan stretching up to five years. They typically want to understand your vision for the future and see your long-term goals or milestones.
To be honest, creating a detailed long-term business plan is typically a waste of time. There are a few exceptions:
A long-term plan is specifically asked for
You want to outline your long-term vision
Real estate development
Medical product manufacturing
Transportation, automotive, aviation, or aerospace development
The reality is, you can’t predict what will happen in the next month, let alone the next one, three, or five years.
So, when creating a long-term plan, don’t dig too deep into the details. Focus on establishing long-term goals , annual growth targets, and aspirational milestones you’d like to hit.
Then supplement these with a more focused one-page plan that actually describes your current business, which you can use in your business right now.
Read More: How to write a five-year business plan
Nonprofit business plan
A nonprofit business plan is not too different from a traditional plan. You should still cover all of the sections I listed above to help you build a sustainable business.
The main differences in a nonprofit plan are tied to funding and awareness. You need to account for:
Fundraising sources and activities.
Alliances and partnerships.
Promotion and outreach strategies.
You also need to set goals, track performance, and demonstrate that you have the right team to run a fiscally healthy organization. You’re just not pursuing profits, you’re trying to fulfill a mission. But you cannot serve your community if your organization isn’t financially stable.
If you can use your business plan to show that you’re a well-organized nonprofit organization, you are more likely to attract donors and convince investors to provide funding.
Read More: How to write a nonprofit business plan
Resources to help write your business plan
Don’t get too hung up on the type of business plan you choose. Remember, you can always start small and expand if you need to.
To help you do that, I recommend downloading our free one-page business plan template . It’s especially useful if you’re exploring an idea and need a quick way to document how your business will operate.
If you know you’ll pursue funding, download our free traditional business plan template . It’s already in an SBA-lender-approved format and provides detailed instructions for each section. And if you want to explore other options, check out our roundup of the 8 best business plan templates you can download for free.
Lastly, check out our library of over 550 sample business plans if you need inspiration. These can provide specific insight into what you should focus on in a given industry.
Remember, just by deciding to write a business plan, you are increasing your likelihood of success. Pick a format and start writing!
Types of business plans FAQ
Which type of planning should be done for a business?
The type of planning fully depends on your business stage and how you intend to use the plan. Generally, whatever format you choose should help you outline your strategy, business model, tactics, and timeline.
How many types of business plans are there?
There are seven common types of business plans, including: traditional, one-page, lean, growth, internal, 5-year, and nonprofit plans.
Tim Berry is the founder and chairman of Palo Alto Software , a co-founder of Borland International, and a recognized expert in business planning. He has an MBA from Stanford and degrees with honors from the University of Oregon and the University of Notre Dame. Today, Tim dedicates most of his time to blogging, teaching and evangelizing for business planning.
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The quickest way to turn a business idea into a business plan
Fill-in-the-blanks and automatic financials make it easy.
10 Business Plan Words Every Manager Needs to Know By Heart If you're starting or running a business, you'll need to know this list of essential business planning words.
By Tim Berry Edited by Dan Bova Jan 30, 2012
Opinions expressed by Entrepreneur contributors are their own.
So I've changed my mind -- again -- and come up with this list of essential business planning words every manager should know:
1. Business plan: An organized collection of milestones, tasks, assumptions and basic business numbers. It covers strategy and details what's supposed to happen when, who's in charge of what, how progress is measured, when money is to be spent and from where, and when money is expected to come in. It isn't a document; it's a plan. If it isn't reviewed and revised monthly, then it won't be very useful. So it has to be practical and just big enough to serve the business need.
Related: To Make Business Planning Less Daunting, Let's Call It Something Else 2. Business planning: Steering a company using a cyclical process. Plan, review and revise as necessary to optimize. Business planning is management.
3. Business strategy: A combination of strengths and weaknesses, opportunities and threats, target market, business offering and product-market fit. Focus is vital. Who isn't in your market and what you're not offering can be more useful information than who is and what you are offering. All of this can be expressed in bullets, slides, a few key paragraphs or any other way that keeps strategy and focus top of mind.
4. Business forecast: A simplified, manageable set of assumptions about future cash flow, including sales, cost of sales, expenses, assets, liabilities and capital. It isn't about predicting the future; it's about connecting the dots on assumptions and drivers in your monthly projections over the next year and your annual forecasts for the subsequent two years. It focuses on what drives the key components, expressed as money. Those drivers include factors like capacity, sales and marketing activities, management compensation, direct costs, and so forth. The goal is to lay out connections between key assumptions in projections spread month by month as expected amounts. For example, you would project how direct costs look as a percentage of sales. Usually the relationships are more important than the actual numbers. So, to follow the example, if your actual sales are higher than expected, you can tell from your forecast that direct costs also will be higher than expected. Companies with a good forecasting process rarely get through a month without some change in the forecast.
5. Strategic plan: A business plan that leaves out the nuts and bolts.
6. Operations plan: A business plan that leaves out the strategy.
7. Marketing plan: A business plan that leaves out the overall company financial strategy.
Related: The Top 10 Business Plan Mistakes
8. Annual plan: A business plan that leaves out plans for the second and third year.
9. Bank-ready business plan:
a. A document created as output from a business plan, formatted for easy reading and highlighting past financial performance and current financial position. Bankers look for payment history and assets backing the loan.
b. When used to describe a canned boilerplate document somebody is selling, as in turnkey or ready-made, it is just sleazy sales hype for a bad product. Buyer beware: A ready-made business plan is always a waste of money.
10. Investor-ready or funding-ready business plan:
a. A document or pitch created as output from a business plan, describing a business investors will be interested in based on the specifics of that business. The most common and essential highlights are management team, product-market fit, potential market, potential growth, defensibility (some hard-to-copy elements like technology or knowhow), scalability and potential return for investors. No matter how brilliant, beautiful or creative it might be, it isn't investor ready -- and never will be -- if it doesn't describe a business with real prospects for investors.
b. See 9b above.
Related: Three Financial Guesstimates Every Business Plan Needs
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Example Sentences
At UNC-Chapel Hill, those plans were quickly reversed when 130 students tested positive for the virus just a week into the new semester.
The plan envisioned Oracle as a minority shareholder, thus mollifying Beijing.
If these reported plans were to go forward, it would be difficult to see how these conditions could be met.
Dhere calls the live vaccine something of a backup plan for the Serum Institute.
When he told a voter earlier in the night that he had a health-care plan ready to go, Stephanopoulos noted it had been “three and a half years” without one passing.
The plan is to stretch it out as long as possible, then probably forget about it, and then suddenly remember it.
Did the airline file a flight plan that took account of the weather en route from Surabaya, Indonesia, to Singapore?
The various members met for the first time when they traveled to Gambia at the beginning of December to carry out their plan.
Her new comments will only add to ongoing speculation that the Yorks plan, one day, to remarry.
The family behind Sotto Sotto says that they plan to rebuild, but an insider tells me it may be a while.
They shall plan how this may be done with due propriety, and shall advise us of their action.
Gordon gave a bitter laugh and went on, with the same strange, serious air of explaining his plan.
Joachim, as time showed, never forgave the Emperor for the failure of his cherished plan.
Ripperda's attention was next directed to put his plan of escape, in train for execution.
Still another kind of war credit bank was created on the co-operative plan to assist the middle and lower classes.
Related Words
Words related to plan are not direct synonyms, but are associated with the word plan . Browse related words to learn more about word associations.
noun as in something done
functioning
in the works
noun as in list of things to do
verb as in point or direct at a goal
concentrate
set one's sights on
noun as in goal
desideratum
intent/intention
where one is heading
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On this page you'll find 324 synonyms, antonyms, and words related to plan, such as: arrangement, deal, idea, intention, method, and policy.
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7 Business Plan Examples to Inspire Your Own (2024)
Need support creating your business plan? Check out these business plan examples for inspiration.
Any aspiring entrepreneur researching how to start a business will likely be advised to write a business plan. But few resources provide business plan examples to really guide you through writing one of your own.
Here are some real-world and illustrative business plan examples to help you craft your business plan .
7 business plan examples: section by section
The business plan examples in this article follow this template:
Executive summary. An introductory overview of your business.
Company description. A more in-depth and detailed description of your business and why it exists.
Market analysis. Research-based information about the industry and your target market.
Products and services. What you plan to offer in exchange for money.
Marketing plan. The promotional strategy to introduce your business to the world and drive sales.
Logistics and operations plan. Everything that happens in the background to make your business function properly.
Financial plan. A breakdown of your numbers to show what you need to get started as well as to prove viability of profitability.
Executive summary
Your executive summary is a page that gives a high-level overview of the rest of your business plan. It’s easiest to save this section for last.
In this free business plan template , the executive summary is four paragraphs and takes a little over half a page:
Company description
You might repurpose your company description elsewhere, like on your About page, social media profile pages, or other properties that require a boilerplate description of your small business.
Soap brand ORRIS has a blurb on its About page that could easily be repurposed for the company description section of its business plan.
You can also go more in-depth with your company overview and include the following sections, like in the example for Paw Print Post:
Business structure. This section outlines how you registered your business —as an LLC , sole proprietorship, corporation, or other business type . “Paw Print Post will operate as a sole proprietorship run by the owner, Jane Matthews.”
Nature of the business. “Paw Print Post sells unique, one-of-a-kind digitally printed cards that are customized with a pet’s unique paw prints.”
Industry. “Paw Print Post operates primarily in the pet industry and sells goods that could also be categorized as part of the greeting card industry.”
Background information. “Jane Matthews, the founder of Paw Print Post, has a long history in the pet industry and working with animals, and was recently trained as a graphic designer. She’s combining those two loves to capture a niche in the market: unique greeting cards customized with a pet’s paw prints, without needing to resort to the traditional (and messy) options of casting your pet’s prints in plaster or using pet-safe ink to have them stamp their ‘signature.’”
Business objectives. “Jane will have Paw Print Post ready to launch at the Big Important Pet Expo in Toronto to get the word out among industry players and consumers alike. After two years in business, Jane aims to drive $150,000 in annual revenue from the sale of Paw Print Post’s signature greeting cards and have expanded into two new product categories.”
Team. “Jane Matthews is the sole full-time employee of Paw Print Post but hires contractors as needed to support her workflow and fill gaps in her skill set. Notably, Paw Print Post has a standing contract for five hours a week of virtual assistant support with Virtual Assistants Pro.”
Your mission statement may also make an appearance here. Passionfruit shares its mission statement on its company website, and it would also work well in its example business plan.
Market analysis
The market analysis consists of research about supply and demand, your target demographics, industry trends, and the competitive landscape. You might run a SWOT analysis and include that in your business plan.
Here’s an example SWOT analysis for an online tailored-shirt business:
You’ll also want to do a competitive analysis as part of the market research component of your business plan. This will tell you who you’re up against and give you ideas on how to differentiate your brand. A broad competitive analysis might include:
Target customers
Unique value add or what sets their products apart
Sales pitch
Price points for products
Shipping policy
Products and services
This section of your business plan describes your offerings—which products and services do you sell to your customers? Here’s an example for Paw Print Post:
Marketing plan
It’s always a good idea to develop a marketing plan before you launch your business. Your marketing plan shows how you’ll get the word out about your business, and it’s an essential component of your business plan as well.
The Paw Print Post focuses on four Ps: price, product, promotion, and place. However, you can take a different approach with your marketing plan. Maybe you can pull from your existing marketing strategy , or maybe you break it down by the different marketing channels. Whatever approach you take, your marketing plan should describe how you intend to promote your business and offerings to potential customers.
Logistics and operations plan
The Paw Print Post example considered suppliers, production, facilities, equipment, shipping and fulfillment, and inventory.
Financial plan
The financial plan provides a breakdown of sales, revenue, profit, expenses, and other relevant financial metrics related to funding and profiting from your business.
Ecommerce brand Nature’s Candy’s financial plan breaks down predicted revenue, expenses, and net profit in graphs.
It then dives deeper into the financials to include:
Funding needs
Projected profit-and-loss statement
Projected balance sheet
Projected cash-flow statement
You can use this financial plan spreadsheet to build your own financial statements, including income statement, balance sheet, and cash-flow statement.
Types of business plans, and what to include for each
A one-page business plan is meant to be high level and easy to understand at a glance. You’ll want to include all of the sections, but make sure they’re truncated and summarized:
Executive summary: truncated
Market analysis: summarized
Products and services: summarized
Marketing plan: summarized
Logistics and operations plan: summarized
Financials: summarized
A startup business plan is for a new business. Typically, these plans are developed and shared to secure outside funding . As such, there’s a bigger focus on the financials, as well as on other sections that determine viability of your business idea—market research, for example.
Market analysis: in-depth
Financials: in-depth
Your internal business plan is meant to keep your team on the same page and aligned toward the same goal.
A strategic, or growth, business plan is a bigger picture, more-long-term look at your business. As such, the forecasts tend to look further into the future, and growth and revenue goals may be higher. Essentially, you want to use all the sections you would in a normal business plan and build upon each.
Market analysis: comprehensive outlook
Products and services: for launch and expansion
Marketing plan: comprehensive outlook
Logistics and operations plan: comprehensive outlook
Financials: comprehensive outlook
Feasibility
Your feasibility business plan is sort of a pre-business plan—many refer to it as simply a feasibility study. This plan essentially lays the groundwork and validates that it’s worth the effort to make a full business plan for your idea. As such, it’s mostly centered around research.
Set yourself up for success as a business owner
Building a good business plan serves as a roadmap you can use for your ecommerce business at launch and as you reach each of your business goals. Business plans create accountability for entrepreneurs and synergy among teams, regardless of your business model .
Kickstart your ecommerce business and set yourself up for success with an intentional business planning process—and with the sample business plans above to guide your own path.
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Business plan examples FAQ
How do i write a simple business plan, what is the best format to write a business plan, what are the 4 key elements of a business plan.
Executive summary: A concise overview of the company's mission, goals, target audience, and financial objectives.
Business description: A description of the company's purpose, operations, products and services, target markets, and competitive landscape.
Market analysis: An analysis of the industry, market trends, potential customers, and competitors.
Financial plan: A detailed description of the company's financial forecasts and strategies.
What are the 3 main points of a business plan?
Concept: Your concept should explain the purpose of your business and provide an overall summary of what you intend to accomplish.
Contents: Your content should include details about the products and services you provide, your target market, and your competition.
Cashflow: Your cash flow section should include information about your expected cash inflows and outflows, such as capital investments, operating costs, and revenue projections.
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set the agenda idiom
slot someone/something in
social calendar
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Free Microsoft Word Business Plan Templates
By Joe Weller | September 22, 2020
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We’ve compiled a variety of expert-approved business plan templates and samples for Microsoft Word. There are options for organizations of any size and type — from coffee shops and hair salons to professional services, and everything in between.
Included on this page, you’ll find Word business plan templates for small businesses , startup businesses , product and service businesses , and more.
Simple Business Plan Word Templates
These customizable business plan templates come professionally designed and ready to use, and are available to download in Microsoft Word format.
Simple Business Plan Template
Use this template as a basis for creating an organized and thorough business plan. Customize the built-in table of contents to suit your needs, and use the space included to detail the nature of your business, the solution to the problem you’re solving, a market analysis, key performance indicators (KPIs), financial forecasts, and more.
Download Simple Business Plan Template — Word
Simple 30-60-90 Business Plan Template
This template is ideal for developing a 90-day action plan to create and implement your business plan in manageable, 30-day chunks. Use the document to outline your main goals and deliverables, and then assign key business activities and deadlines to ensure your plan stays on track.
Download Simple 30-60-90-Day Business Plan Template
Word | Smartsheet
For more 30-60-90 business plan templates, visit our "Free 30-60-90-Day Business Plan Templates and Samples" article.
Simple Business Plan Outline Template
This template provides a standard outline for a traditional business plan, which you can use to guide your research and develop your plan. Easily modify the provided information to include information that is relevant to your business.
Download Simple Business Plan Outline Template — Word
For additional downloadable resources in a variety of formats, visit, “ Simple Business Plan Templates .”
One-Page Business Plan Word Templates
These single page business plan templates in this section provide a useful way to organize ideas. Companies can use these templates to develop a pitch document for potential partners and investors.
One-Page Business Plan Template
Use this template to capture the main details of your business concept, including your product or service offering, who it benefits, how it helps your target buyer, the pricing structure, income streams, and key milestones. There’s also room at the bottom to include a SWOT analysis .
Download One-Page Business Plan Template
Word | Smartsheet
One-Page Lean Business Plan
This template utilizes a Lean approach to help you showcase the core concepts of your business idea in a scannable format. Provide a brief overview of your company and industry, the unique benefits your product or service possesses, distribution strategy, key objectives and success metrics, and a financial plan. Use the visual timeline at the bottom to display dates and milestones.
Download One-Page Lean Business Plan Template - Word
One-Page 30-60-90 Day Business Plan Template
A 30-60-90-day template is useful for developing an actionable plan. Simply add your main goals and the activities required to achieve them in 30-day increments. Update the status of each goal regularly to ensure your plan stays on track.
Download One-Page 30-60-90 Day Business Plan Template
For additional single page plans, along with an example of a business plan , visit " One-Page Business Plan Templates with a Quick How-To Guide ."
Small Business Plan Word Templates
These customizable business plan templates are especially useful for small businesses to develop a roadmap for structuring, operating, and growing their organization.
Small Business Plan Template
This comprehensive business plan template is ideal for small businesses that want to thoroughly document key goals and the associated activities. Add essential information to each section to keep your plan clear and concise — and pay special attention to the financial section and provide details that will validate your plan.
Download Small Business Plan Template — Word
Fill-In-the-Blank Small Business Plan Template
This fill-in-the-blank template is useful for small business owners that need some guidance adding details to the various elements of their business plan. Each section of this standard business plan comes with pre-filled content that you can expand on and customize to reflect the specific needs and details of your business.
Download Fill-In-the-Blank Small Business Plan Template — Word
Additional Fill-in-the-Blank Business Plan templates can be found here .
One-Page Small Business Plan Template
Small businesses can use this template to articulate business ideas in a succinct, easily digestible manner. There is space to include a business overview, key team members, a market analysis, marketing and sales plans, objectives and success metrics, and a financial plan.
Download One-Page Business Plan for Small Business — Word
Startup Business Plan Word Templates
These business plan templates are ideal for entrepreneurs to assess the viability of their idea and gain buy-in from prospective investors and stakeholders.
Startup Business Plan Template
Use this startup business plan template to create a strong and detailed roadmap of your concept and related goals. The template includes space for an executive summary, business description, summary of product or service offerings, pricing structure, marketing strategy, competitive analysis, startup expenses, funding sources, and more to ensure you have a thorough plan in place.
Download Startup Business Plan Template
Sample 30-60-90-Day Business Plan for Startup
This 30-60-90-day business plan template is versatile, and can be used to develop an actionable plan for virtually any business activity. This sample contains pre-filled information to help you explain the organization’s main goals and deliverables, as well as to assign key tasks, ownership, and deadlines.
Download Sample 30-60-90 Day Business Plan for Startup Template
For additional resources to create your plan, visit “ Free Startup Business Plan Templates and Examples .”
Product and Service Business Plan Word Templates
These business plan templates are designed for a product or service-focused business to use to develop a workplan that articulates its vision and objectives.
Business Plan Template for Professional Services
Entrepreneurs offering professional services can use this document to outline the main goals and objectives associated with their business, as well as how they plan to achieve them. This template comes with a built-in table of contents and includes all the components of a traditional business plan, including the company background, market and industry analysis, competitive analysis, service offering details, promotional plan, sales forecasts, financial statements, and more.
Download Business Plan Template for Professional Services — Word
One-Page Business Plan for Service Business
This business plan template is ideal for a service-type business owner who needs a basic plan to jot down core business concepts. This single-page template has room to include the business mission and vision, service provided, target market, competitive advantage, marketing and sales plan, and key objectives. There is also a visual timeline of milestones included at the bottom of the template for tracking progress.
Download One-Page Business Plan Template for Service Business — Word
One-Page Business Plan for a Product Business
Use this one-page business plan to outline the key details related to your product-focused idea. Articulate the purpose and vision of your business, the problem your product solves, potential customers, how you will get your product to buyers, pricing strategy, main objectives, and success metrics. The timeline of milestones at the bottom of the template automatically creates a visual display of noteworthy activities.
Download One-Page Business Plan for Product Business — Word
Fill-In-the-Blank Business Plan Word Templates
Use these pre-filled business plan templates as a basis to build a thorough plan that keeps your strategy aligned with sales, promotional, and financial objectives.
Simple Fill-In-the-Blank Business Plan
This fill-in-the-blank template features a traditional business plan layout, and includes pre-filled content in each section. Outline the key components of a well-rounded business plan, and add a company overview, market analysis, marketing and sales plan, operations plan, financial statements, supporting documentation, and more.
Download Simple Fill-In-the-Blank Business Plan Template — Word
Lean Fill-In-the-Blank Business Plan
This Lean business plan has all the necessary parts to articulate your business vision and strategy. Add information about the problem you aim to solve, your product or service offering, unique value proposition, target customers, cost structure, revenue streams, and a timeline of milestones.
Download Fill-In-the-Blank Lean Business Plan Template — Word
For additional resources, visit " Free Fill-In-the-Blank Business Plan Templates ."
For more free, downloadable templates for all aspects of your business, take a look at “ Free Business Templates for Organizations of All Sizes .”
Empower Your Teams to Implement Your Business Plan with Smartsheet
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The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed.
When teams have clarity into the work getting done, there’s no telling how much more they can accomplish in the same amount of time. Try Smartsheet for free, today.
Discover why over 90% of Fortune 100 companies trust Smartsheet to get work done.
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Simple Business Plan Template (2024)
Updated: May 4, 2024, 4:37pm
Table of Contents
Why business plans are vital, get your free simple business plan template, how to write an effective business plan in 6 steps, frequently asked questions.
While taking many forms and serving many purposes, they all have one thing in common: business plans help you establish your goals and define the means for achieving them. Our simple business plan template covers everything you need to consider when launching a side gig, solo operation or small business. By following this step-by-step process, you might even uncover a few alternate routes to success.
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Whether you’re a first-time solopreneur or a seasoned business owner, the planning process challenges you to examine the costs and tasks involved in bringing a product or service to market. The process can also help you spot new income opportunities and hone in on the most profitable business models.
Though vital, business planning doesn’t have to be a chore. Business plans for lean startups and solopreneurs can simply outline the business concept, sales proposition, target customers and sketch out a plan of action to bring the product or service to market. However, if you’re seeking startup funding or partnership opportunities, you’ll need a write a business plan that details market research, operating costs and revenue forecasting. Whichever startup category you fall into, if you’re at square one, our simple business plan template will point you down the right path.
Copy our free simple business plan template so you can fill in the blanks as we explore each element of your business plan. Need help getting your ideas flowing? You’ll also find several startup scenario examples below.
Download free template as .docx
Whether you need a quick-launch overview or an in-depth plan for investors, any business plan should cover the six key elements outlined in our free template and explained below. The main difference in starting a small business versus an investor-funded business is the market research and operational and financial details needed to support the concept.
1. Your Mission or Vision
Start by declaring a “dream statement” for your business. You can call this your executive summary, vision statement or mission. Whatever the name, the first part of your business plan summarizes your idea by answering five questions. Keep it brief, such as an elevator pitch. You’ll expand these answers in the following sections of the simple business plan template.
What does your business do? Are you selling products, services, information or a combination?
Where does this happen? Will you conduct business online, in-store, via mobile means or in a specific location or environment?
Who does your business benefit? Who is your target market and ideal customer for your concept?
Why would potential customers care? What would make your ideal customers take notice of your business?
How do your products and/or services outshine the competition? What would make your ideal customers choose you over a competitor?
These answers come easily if you have a solid concept for your business, but don’t worry if you get stuck. Use the rest of your plan template to brainstorm ideas and tactics. You’ll quickly find these answers and possibly new directions as you explore your ideas and options.
2. Offer and Value Proposition
This is where you detail your offer, such as selling products, providing services or both, and why anyone would care. That’s the value proposition. Specifically, you’ll expand on your answers to the first and fourth bullets from your mission/vision.
As you complete this section, you might find that exploring value propositions uncovers marketable business opportunities that you hadn’t yet considered. So spend some time brainstorming the possibilities in this section.
For example, a cottage baker startup specializing in gluten-free or keto-friendly products might be a value proposition that certain audiences care deeply about. Plus, you could expand on that value proposition by offering wedding and other special-occasion cakes that incorporate gluten-free, keto-friendly and traditional cake elements that all guests can enjoy.
3. Audience and Ideal Customer
Here is where you explore bullet point number three, who your business will benefit. Identifying your ideal customer and exploring a broader audience for your goods or services is essential in defining your sales and marketing strategies, plus it helps fine-tune what you offer.
There are many ways to research potential audiences, but a shortcut is to simply identify a problem that people have that your product or service can solve. If you start from the position of being a problem solver, it’s easy to define your audience and describe the wants and needs of your ideal customer for marketing efforts.
Using the cottage baker startup example, a problem people might have is finding fresh-baked gluten-free or keto-friendly sweets. Examining the wants and needs of these people might reveal a target audience that is health-conscious or possibly dealing with health issues and willing to spend more for hard-to-find items.
However, it’s essential to have a customer base that can support your business. You can be too specialized. For example, our baker startup can attract a broader audience and boost revenue by offering a wider selection of traditional baked goods alongside its gluten-free and keto-focused specialties.
4. Revenue Streams, Sales Channels and Marketing
Thanks to our internet-driven economy, startups have many revenue opportunities and can connect with target audiences through various channels. Revenue streams and sales channels also serve as marketing vehicles, so you can cover all three in this section.
Revenue Streams
Revenue streams are the many ways you can make money in your business. In your plan template, list how you’ll make money upon launch, plus include ideas for future expansion. The income possibilities just might surprise you.
For example, our cottage baker startup might consider these revenue streams:
Video income : (future) Monetize a YouTube channel featuring how-to videos for the gluten-free and keto-friendly dessert niches
Webinars and online classes : (future) Monetize coaching-style webinars and online classes covering specialty baking tips and techniques
Members-only content : (future) Monetize a members-only section of the website for specialty content to complement webinars and online classes
Franchise : (future) Monetize a specialty cottage bakery concept and sell to franchise entrepreneurs
Sales Channels
Sales channels put your revenue streams into action. This section also answers the “where will this happen” question in the second bullet of your vision.
The product sales channels for our cottage bakery example can include:
Mobile point-of-sale (POS) : A mobile platform such as Shopify or Square POS for managing in-person sales at local farmers’ markets, fairs and festivals
E-commerce platform : An online store such as Shopify, Square or WooCommerce for online retail sales and wholesale sales orders
Social media channels : Facebook, Instagram and Pinterest shoppable posts and pins for online sales via social media channels
Brick-and-mortar location : For in-store sales , once the business has grown to a point that it can support a physical location
Channels that support other income streams might include:
Affiliate income : Blog section on the e-commerce website and affiliate partner accounts
Advertising income : Reserved advertising spaces on the e-commerce website
E-book sales : Amazon e-book sales via Amazon Kindle Direct Publishing
Video income : YouTube channel with ad monetization
Webinars and online classes : Online class and webinar platforms that support member accounts, recordings and playback
Members-only content : Password-protected website content using membership apps such as MemberPress
Nowadays, the line between marketing and sales channels is blurred. Social media outlets, e-books, websites, blogs and videos serve as both marketing tools and income opportunities. Since most are free and those with advertising options are extremely economical, these are ideal marketing outlets for lean startups.
However, many businesses still find value in traditional advertising such as local radio, television, direct mail, newspapers and magazines. You can include these advertising costs in your simple business plan template to help build a marketing plan and budget.
5. Structure, Suppliers and Operations
This section of your simple business plan template explores how to structure and operate your business. Details include the type of business organization your startup will take, roles and responsibilities, supplier logistics and day-to-day operations. Also, include any certifications or permits needed to launch your enterprise in this section.
Our cottage baker example might use a structure and startup plan such as this:
Business structure : Sole proprietorship with a “doing business as” (DBA) .
Permits and certifications : County-issued food handling permit and state cottage food certification for home-based food production. Option, check into certified commercial kitchen rentals.
Roles and responsibilities : Solopreneur, all roles and responsibilities with the owner.
Supply chain : Bulk ingredients and food packaging via Sam’s Club, Costco, Amazon Prime with annual membership costs. Uline for shipping supplies; no membership needed.
Day-to-day operations : Source ingredients and bake three days per week to fulfill local and online orders. Reserve time for specialty sales, wholesale partner orders and market events as needed. Ship online orders on alternating days. Update website and create marketing and affiliate blog posts on non-shipping days.
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6. Financial Forecasts
Your final task is to list forecasted business startup and ongoing costs and profit projections in your simple business plan template. Thanks to free business tools such as Square and free marketing on social media, lean startups can launch with few upfront costs. In many cases, cost of goods, shipping and packaging, business permits and printing for business cards are your only out-of-pocket expenses.
This helps you determine the retail prices and sales volume required to keep your business running and, hopefully, earn income for yourself. Use product research to spot target retail prices for your goods, then subtract your cost of goods, such as hourly rate, raw goods and supplier costs. The total amount is your gross profit per item or service.
Here are some examples of projected gross profits for our cottage baker:
Product
Retail Price
(Cost)
Gross Profit
Bottom Line
Putting careful thought and detail in a business plan is always beneficial, but don’t get so bogged down in planning that you never hit the start button to launch your business . Also, remember that business plans aren’t set in stone. Markets, audiences and technologies change, and so will your goals and means of achieving them. Think of your business plan as a living document and regularly revisit, expand and restructure it as market opportunities and business growth demand.
Is there a template for a business plan?
You can copy our free business plan template and fill in the blanks or customize it in Google Docs, Microsoft Word or another word processing app. This free business plan template includes the six key elements that any entrepreneur needs to consider when launching a new business.
What does a simple business plan include?
A simple business plan is a one- to two-page overview covering six key elements that any budding entrepreneur needs to consider when launching a startup. These include your vision or mission, product or service offering, target audience, revenue streams and sales channels, structure and operations, and financial forecasts.
How can I create a free business plan template?
Start with our free business plan template that covers the six essential elements of a startup. Once downloaded, you can edit this document in Google Docs or another word processing app and add new sections or subsections to your plan template to meet your specific business plan needs.
What basic items should be included in a business plan?
When writing out a business plan, you want to make sure that you cover everything related to your concept for the business, an analysis of the industry―including potential customers and an overview of the market for your goods or services―how you plan to execute your vision for the business, how you plan to grow the business if it becomes successful and all financial data around the business, including current cash on hand, potential investors and budget plans for the next few years.
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Thesaurus for Business plans
Related terms for business plans - synonyms, antonyms and sentences with business plans, similar meaning.
courses of action
business goals
alternatives
company aims
company ambitions
company intentions
company objectives
company purposes
company targets
organization objects
business aims
business ambitions
business intentions
business objectives
business purposes
business targets
action plans
action plan
Opposite meaning
aims of a person
aims of an individual
ambitions of a person
ambitions of an individual
aspirations of a person
aspirations of an individual
desires of a person
desires of an individual
goals of a person
goals of an individual
individual aims
individual ambitions
individual aspirations
individual desires
individual goals
individual intentions
individual objectives
individual plans
individual purposes
individual targets
intentions of a person
intentions of an individual
intents of a person
intents of an individual
objectives of a person
Common usage
financially manageable
Sentence Examples
Proper usage in context.
I have my business plans plotted out right now
The business plans and studies put forward by the applicants
Free business plans and management training for business
It always talk about business plans
More support is needed to assist in building business plans
Ex-Secret Service special agents explain why countersniper who saved Trump's life may have lost crucial seconds
Trump's life was saved by a Secret Service countersniper assigned to Saturday's detail.
But the shooter still managed to kill one rallygoer and injure two others before he was taken out.
Experts said heat, staffing, and a focus on a nearby tree line may have cost crucial seconds.
The Secret Service countersniper who narrowly saved the life of former President Donald Trump may have lost crucial seconds because of factors including the extreme heat, a lack of antisniper backup, and a likely focus on a nearby tree line, a former special agent told Business Insider.
"This countersniper made an amazingly quick decision and clearly saved Trump's life," Bill Pickle, the former special agent in charge of Al Gore's vice-presidential Secret Service detail, said.
"Our guys are the best shots in the world. That's what they do," Pickle said.
"And within a second of the moment this kid opened fire, the CS guy shot him," he said, using Secret Service shorthand to refer to the countersniper deployed at Saturday night's rally in Butler, Pennsylvania.
"But someone will blame that CS and the spotter and say, 'If only he had been two seconds faster in spotting the shooter,'" the former special agent said.
"The real question may be: If there were more antisniper eyes on that building, could this have all been avoided?" he added.
How did the countersniper team not see the shooting suspect sooner?
Pickle said one area of focus for investigators would be how the shooter managed to get on top of the building without authorities taking notice.
"The other question is: Why wasn't this roof secured, and were there agents or law enforcement in there checking IDs?" he added.
"How did this kid figure out a way to get out on the rooftop and slither across that rooftop?" Pickle said. "He low-crawled across the roof on his hands and knees, and he pushed the weapon ahead of him just like in the military."
But even if they see a shooting suspect quicker, countersnipers may not always have the ability to act immediately when they spot a threat, Anthony Cangelosi, a former special agent who directed the Secret Service's technical-security advances for presidential candidates, said.
"You either have to make a decision: 'Do I take a shot? Or do I not take a shot?'" Cangelosi told BI.
"What if you find out, 'Oh, I just killed a 20-year-old kid who loves the protectee, and he couldn't get in the venue, and he just wanted to get up on that roof?' No one wants to be in that position," Cangelosi said.
Cangelosi said the Secret Service team at the event should have a "site plan" that would include a layout of the area and the surrounding buildings.
The would-be assassin fired at least three rounds from a rooftop 150 yards from where Trump was speaking. He killed one rallygoer and critically injured two others before being shot dead by a yet-to-be-identified Secret Service countersniper who was positioned on another rooftop.
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One bullet grazed Trump's right ear , bloodying his face.
"This kid, at 150 yards, made a great shot," Pickle said Sunday of the would-be assassin, his voice grim. "I don't know the specifics of whether he used optics, meaning a scope on his rifle," he told BI.
"But even with optics, it takes somebody with training to aim at somebody's head from 150 yards away and you actually hit the edge of the head," he said.
"That's not a lucky shot," he added. "That's a guy who actually shot before."
The FBI identified the shooter as Thomas Matthew Crooks , 20, of Bethel Park, Pennsylvania. The FBI said it was still investigating a motive.
But for now, it's clear that at least three things may have factored into the several-second delay between when Crooks was seen crawling onto the roof and when the CS team saw and shot him, Pickle said.
The decision on how many antisnipers to deploy may prove the most critical factor, he said.
"Someone made a decision that that number of countersnipers was sufficient," he said. "And obviously, in hindsight, they were wrong because there was a kid who was able to get up there on that rooftop and pull the trigger three times at least."
How many CS teams were deployed?
Staffing decisions would have been made at the Secret Service's headquarters in Washington, DC, based on whatever agency personnel on the ground recommended after a several-day investigation of the site, Pickle said.
"An advance team actually does a lengthy survey, where they look at everything and then recommend what they need," he said.
"But if they're stretched for resources, headquarters can say we can only get you one team out there. And that's not unusual — if you don't have it, you don't have it," Pickle said.
"It always boils down to resources," he said. "And if it's not a resource problem, and the money was there, then it's still an allocation-of-resources problem," he said — meaning someone underestimated the forces needed to keep Trump safe.
Regardless of how many snipers were present, the Secret Service typically has "360-degree coverage" of an event where a sitting or former president is speaking, Cangelosi said.
Another factor is the weather.
"The CS guys would probably say: 'We were up there for four hours in 100-degree heat, and if we had another team up here or drone support, this wouldn't have happened,'" Pickle said.
The team may also have been focusing on a nearby tree line, seeing it as the primary risk.
"You're looking at everything that would hide a potential assassin," Pickle said.
"The first assumption is that if I'm a bad guy, I'm going to hide. Human nature is such that I'm going to be scanning the rooftops to make sure they're empty, but then I'm going to be focusing on that tree line because you think the bad guy is going to be hidden," Pickle said.
"You don't think the bad guy is going to be out in the open," he said.
Interagency squabbles and intense public scrutiny are forthcoming
Once the would-be assassin opened fire, "everything that happened up there was textbook and the way it should have happened," Pickle said. The CS team returned fire, long-gun-toting counterassault agents in black jumpsuits and helmets rushed the stage, and business-suited agents at the rally platform hurried Trump offstage.
"But why wasn't he identified seconds sooner?" Pickle asked of the shooter.
"Was it caused by exhaustion from being on a 100-degree roof for four hours? Was the CS team watching the heavy foliage there, which arguably was the best place to hide?" he said.
"An open roof is not the best place to hide. If he climbed out onto an open rooftop, he was prepared to die," he added.
"The worst nightmare for the Secret Service has always been a lone gunman who hasn't been announcing his views publicly and is ready to die," he said.
Pickle said Saturday's attack would be dissected for years to come and "will be in the training syllabus forever."
"It's going to be a circular firing squad," Pickle said of the interagency finger-pointing and conspiracy theories that will play out as the attempted assassination is scrutinized by the FBI, Congress, and the press and public.
Cangelosi told BI that "a lot of people talk and things just travel" within the agency after an event of this magnitude.
"We all want answers, and we want them as quickly as possible, but it's going to take some time," Cangelosi said. "You know the Secret Service; they're professionals. Mistakes are made. They're going to remedy them."
Watch: How the Secret Service protected Trump after 'screwing up'
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Synonyms for Business plan
Business Plan synonyms - 115 Words and Phrases for Business Plan. Parts of speech. suggest new. plan of action. n. work plan. n. plan of activities. n.
What is another word for business plan
Synonyms for business plan include course of action, plan, option, method, strategy, procedure, alternative, system, course and policy. Find more similar words at wordhippo.com!
BUSINESS PLAN in Thesaurus: 100+ Synonyms & Antonyms for BUSINESS PLAN
Most related words/phrases with sentence examples define Business plan meaning and usage. Thesaurus for Business plan. Related terms for business plan- synonyms, antonyms and sentences with business plan. Lists. synonyms. antonyms. definitions. sentences. thesaurus. Parts of speech. nouns. Synonyms Similar meaning. View all.
125 Words and Phrases for Business Plans
Business Plans synonyms - 125 Words and Phrases for Business Plans. work plans. n. courses of action. options. business goals. n. alternatives. methods.
PLAN Synonyms: 130 Similar and Opposite Words
Synonyms for PLAN: strategy, blueprint, program, scheme, project, design, system, arrangement; Antonyms of PLAN: method, means, way
Top 10 Positive Synonyms for "Business Plan" (With Meanings & Examples
The top 10 positive & impactful synonyms for "business plan" are growth blueprint, venture outline, success strategy, operational guide, profit roadmap, expansion framework, financial projection, strategic map, investment proposal, and market strategy. Using these synonyms helps you enhance both your communication and psychological ...
What Is Another Way to Say "Business Plan"?
20. Strategic Business Plan. A detailed document that integrates strategic planning with business planning, focusing on achieving long-term objectives. Example: "The strategic business plan was developed to guide the company through its next phase of growth, emphasizing innovation and global expansion."
Synonyms for Business plan
Synonyms for 'Business plan'. Best synonyms for 'business plan' are 'plan of action', 'work plan' and 'plan of activities'. Search for synonyms and antonyms. Classic Thesaurus. C. define business plan. business plan > synonyms. 388 Synonyms ; more ; 9 Broader; 19 Narrower; 395 Related?
What Is a Business Plan? Definition and Essentials Explained
It's the roadmap for your business. The outline of your goals, objectives, and the steps you'll take to get there. It describes the structure of your organization, how it operates, as well as the financial expectations and actual performance. A business plan can help you explore ideas, successfully start a business, manage operations, and ...
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Business Plan: A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals. A business plan lays out a written plan from a ...
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A good business plan guides you through each stage of starting and managing your business. You'll use your business plan as a roadmap for how to structure, run, and grow your new business. It's a way to think through the key elements of your business. Business plans can help you get funding or bring on new business partners.
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7 Different Types of Business Plans Explained. Business plans go by many names: Strategic plans, traditional plans, operational plans, feasibility plans, internal plans, growth plans, and more. Different situations call for different types of plans. But what makes each type of plan unique?
10 Business Plan Words Every Manager Needs to Know By Heart
2. Business planning: Steering a company using a cyclical process. Plan, review and revise as necessary to optimize. Business planning is management. 3. Business strategy: A combination of ...
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Describe Your Services or Products. The business plan should have a section that explains the services or products that you're offering. This is the part where you can also describe how they fit ...
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Business Planning synonyms - 101 Words and Phrases for Business Planning. organizational planning. activity plans. business modeling. company strategy. departmental planning. enterprise modeling. enterprise planning. industrial planning.
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Find 135 different ways to say PLAN, along with antonyms, related words, and example sentences at Thesaurus.com.
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7 business plan examples: section by section. The business plan examples in this article follow this template: Executive summary. An introductory overview of your business. Company description. A more in-depth and detailed description of your business and why it exists. Market analysis.
BUSINESS PLAN
BUSINESS PLAN definition: 1. a detailed plan describing the future plans of a business 2. a detailed plan describing the…. Learn more.
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This template is ideal for developing a 90-day action plan to create and implement your business plan in manageable, 30-day chunks. Use the document to outline your main goals and deliverables, and then assign key business activities and deadlines to ensure your plan stays on track. Download Simple 30-60-90-Day Business Plan Template.
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This section of your simple business plan template explores how to structure and operate your business. Details include the type of business organization your startup will take, roles and ...
BUSINESS PLANS in Thesaurus: 100+ Synonyms & Antonyms for BUSINESS PLANS
Most related words/phrases with sentence examples define Business plans meaning and usage. Thesaurus for Business plans. Related terms for ... definitions. sentences. thesaurus. Parts of speech. nouns. Synonyms Similar meaning. View all. work plans. business goals. action plan. action plans. business aims. business ambitions. business ...
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Business Plan Templates in Word. Craft comprehensive business strategies with ease using Template.net's free, editable business plans. From action plans to budgets, access a range of templates in Word, Excel, or one-page PSD files for seamless customization and printing. Get Access to All Microsoft Word Templates. Instant Download.
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Ex-Secret Service Agents Examine How Trump's Shooter ...
Ex-Secret Service agents explain how heat, staffing, and a focus on a nearby tree line may have cost time amid the Trump assassination attempt.
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Business Plan synonyms - 115 Words and Phrases for Business Plan. Parts of speech. suggest new. plan of action. n. work plan. n. plan of activities. n.
Synonyms for business plan include course of action, plan, option, method, strategy, procedure, alternative, system, course and policy. Find more similar words at wordhippo.com!
Most related words/phrases with sentence examples define Business plan meaning and usage. Thesaurus for Business plan. Related terms for business plan- synonyms, antonyms and sentences with business plan. Lists. synonyms. antonyms. definitions. sentences. thesaurus. Parts of speech. nouns. Synonyms Similar meaning. View all.
Business Plans synonyms - 125 Words and Phrases for Business Plans. work plans. n. courses of action. options. business goals. n. alternatives. methods.
Synonyms for PLAN: strategy, blueprint, program, scheme, project, design, system, arrangement; Antonyms of PLAN: method, means, way
The top 10 positive & impactful synonyms for "business plan" are growth blueprint, venture outline, success strategy, operational guide, profit roadmap, expansion framework, financial projection, strategic map, investment proposal, and market strategy. Using these synonyms helps you enhance both your communication and psychological ...
20. Strategic Business Plan. A detailed document that integrates strategic planning with business planning, focusing on achieving long-term objectives. Example: "The strategic business plan was developed to guide the company through its next phase of growth, emphasizing innovation and global expansion."
Synonyms for 'Business plan'. Best synonyms for 'business plan' are 'plan of action', 'work plan' and 'plan of activities'. Search for synonyms and antonyms. Classic Thesaurus. C. define business plan. business plan > synonyms. 388 Synonyms ; more ; 9 Broader; 19 Narrower; 395 Related?
It's the roadmap for your business. The outline of your goals, objectives, and the steps you'll take to get there. It describes the structure of your organization, how it operates, as well as the financial expectations and actual performance. A business plan can help you explore ideas, successfully start a business, manage operations, and ...
Business Plan: A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals. A business plan lays out a written plan from a ...
A good business plan guides you through each stage of starting and managing your business. You'll use your business plan as a roadmap for how to structure, run, and grow your new business. It's a way to think through the key elements of your business. Business plans can help you get funding or bring on new business partners.
7 Different Types of Business Plans Explained. Business plans go by many names: Strategic plans, traditional plans, operational plans, feasibility plans, internal plans, growth plans, and more. Different situations call for different types of plans. But what makes each type of plan unique?
2. Business planning: Steering a company using a cyclical process. Plan, review and revise as necessary to optimize. Business planning is management. 3. Business strategy: A combination of ...
Describe Your Services or Products. The business plan should have a section that explains the services or products that you're offering. This is the part where you can also describe how they fit ...
business plan - WordReference thesaurus: synonyms, discussion and more. All Free.
Business Planning synonyms - 101 Words and Phrases for Business Planning. organizational planning. activity plans. business modeling. company strategy. departmental planning. enterprise modeling. enterprise planning. industrial planning.
Find 135 different ways to say PLAN, along with antonyms, related words, and example sentences at Thesaurus.com.
7 business plan examples: section by section. The business plan examples in this article follow this template: Executive summary. An introductory overview of your business. Company description. A more in-depth and detailed description of your business and why it exists. Market analysis.
BUSINESS PLAN definition: 1. a detailed plan describing the future plans of a business 2. a detailed plan describing the…. Learn more.
This template is ideal for developing a 90-day action plan to create and implement your business plan in manageable, 30-day chunks. Use the document to outline your main goals and deliverables, and then assign key business activities and deadlines to ensure your plan stays on track. Download Simple 30-60-90-Day Business Plan Template.
This section of your simple business plan template explores how to structure and operate your business. Details include the type of business organization your startup will take, roles and ...
Most related words/phrases with sentence examples define Business plans meaning and usage. Thesaurus for Business plans. Related terms for ... definitions. sentences. thesaurus. Parts of speech. nouns. Synonyms Similar meaning. View all. work plans. business goals. action plan. action plans. business aims. business ambitions. business ...
Business Plan Templates in Word. Craft comprehensive business strategies with ease using Template.net's free, editable business plans. From action plans to budgets, access a range of templates in Word, Excel, or one-page PSD files for seamless customization and printing. Get Access to All Microsoft Word Templates. Instant Download.
A Microsoft Business or Enterprise Subscription . To use Copilot for Microsoft Teams, you'll need two separate subscriptions. First, you'll need a Microsoft 365 Business Basic, Standard, or ...
Ex-Secret Service agents explain how heat, staffing, and a focus on a nearby tree line may have cost time amid the Trump assassination attempt.
Namecheap's WordPress hosting plans start at $6.88 per month. At the time of writing, the first month of hosting is entirely free. With this plan, you get 10GB of SSD storage, a free CDN, free ...