Regardless of the type of business plan, the document must be specific, comprehensive and contain the necessary calculations. All business plans are divided into two large ones: internal and external. Let's look at each of them in more detail.
For internal review
Management Business Plan
All key stages for achieving the project goals are reflected here. This document also describes the roles of specific employees and their tasks, the order of interaction between departments and divisions. With the help of a management business plan, it becomes possible to evaluate the contribution of each employee, understand how to avoid mistakes and achieve all set goals with minimal losses. Moreover, this type of development is applicable both for a newly created company and for an existing organization.
Types of Business Plans
Project business plan
With the help of this morocco email list document, the volume of capital investments in the implementation of the project is assessed. This can be either a new business for the production of something, or the implementation of some event within the framework of the current work process.
Targeted Business Plan
This is a one-time document that supplements the main business plan. For example, it may reflect the points where the company can place its products – massage chairs that will perfectly fit into the concept of "rest after shopping". As a rule, the plan provides the results of a study of the places with the greatest concentration of people in shopping centers, information on the prices for renting one square meter of space, etc.
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For external review
Business plan for investors
This document sets out detailed results of market research, all business development options and the required amount of funding for each of them. The more complete and detailed the development, the easier it is for investors to agree to invest in the project.
Business plan for obtaining a loan
The main purpose of developing this document is to obtain a loan from a bank or other financial institution. The plan reflects the results of all studies conducted, as well as the expected effectiveness of the project: payback period and profitability. It is especially important to indicate these two parameters so that the bank can understand when the project will reach payback and the entrepreneur will be able to repay the loan.
Business plan for selling an existing project.
Types of Business Plans
Re: Types of Business Plans
Great breakdown of the different types of business plans—each one really does serve a unique purpose depending on where a company is in its journey. I found it especially helpful when thinking about how startups should approach planning. This tech business plan guide offers some great insights for anyone building a product in the early stages. Thanks for sharing this overview!
