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A business plan is a document that summarizes the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realized. It is the road map to the success of your business. For anyone starting a business, it's a vital first step.
Business planning anticipates the inevitability of organizational change, and focuses on producing a plan that is realistic, comprehensive, and integrated across organizational functions â all while remaining true to the mission of the organization. Terri Theisen, Theisen Consulting, LLC Basic Format of a Business plan The format may change depending on the audience and the life-cycle of the nonprofit. For instance, the plan could be for a start-up nonprofit, a mature or declining nonprofit, or even a nonprofit in the midst of a turn-around. Here is a typical outline of a business plan: Cover page Table of contents