Bandawat and Stanton agreed to share their operational business plan with us as an example of how you, too, can come up with one for your business.

The next step in creating your business plan is to develop an Operations Plan that will serve your customers, keep your operating costs in line, and ensure profitability. Your ops plan should ...

How to Write an Operating Plan. An operating plan is a specific outline of how your business will conduct its operations. More specifically, the plan covers details such as inventory sourcing ...

A lot of companies are great at strategy but fail at converting it into an actionable plan.

How to Create a New Business Plan. The most important document when starting a business is a business plan. This narrative document outlines the complete operational and financial outlook of the ...

A business plan is a document that explains what a company’s objectives are and how it will achieve them. It can address marketing, financial, and operational objectives.

An important aspect of being a good department manager is creating an annual tactical plan with initiatives that are directly linked to the company’s overall strategic plan objectives. Here’s how.

Let’s examine how to create a “three-statement projection model” for a company by estimating its cash flow, cash and debt balances over the years.