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We have categorized 12 documents as Business Plan Development. All documents are displayed on this page.

Business Plan Development is creating the details and plans for a new business venture, including its strategic objectives, mission & vision, go-to-market strategy, financial strategies, and resources. It is an important tool for entrepreneurs to communicate their vision to potential investors and stakeholders—and to help them think through the feasibility and potential success of their business.

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Flevy Management Insights: Business Plan Development


Business Plan Development is creating the details and plans for a new business venture, including its strategic objectives, mission & vision, go-to-market strategy, financial strategies, and resources. It is an important tool for entrepreneurs to communicate their vision to potential investors and stakeholders—and to help them think through the feasibility and potential success of their business.

The Business Plan usually includes the following key components:

To prepare a Business Plan, it is important to thoroughly research and analyze the market, develop realistic financial projections, and clearly communicate the unique Value Proposition of the business.

In developing the Business Strategy within the Business Plan, we would recommend utilizing proven strategic frameworks to conduct the following analyses at a minimum:

It is also important to be flexible and willing to revise the Business Plan as needed as the business grows and develops.

For effective implementation, take a look at these Business Plan Development best practices:


Explore related management topics: Entrepreneurship Strategic Planning Business Plan Example




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