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Business Plan for Starting an SMB

Types of Business Plan in an Organization

 

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Types of Business Plan in an Organization


Short-Range and Long-Range Plans:

        Short-Range Plans:  1 Year or Less

        Intermediate-Range Plans: 1 to 2 Years

        Long-Range Plans: 3 Years or More

Strategic Plans:

        Address long-term needs

        Set comprehensive action directions for an organization

        Responsibility of top management

        Acquisitions and mergers

Operational Plans:

        Define what needs to be done in specific areas to implement the strategic plan

        Production

        Facilities

        Financial

        Markets

        New Product Development

        Human Resources

Budgets and Schedules:

        Annual Budget

        Project Schedules

 

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