The plan includes information related to staffing, budgets, time lines, deadlines, goals and measurements. It also provides individual and group objectives and instruction on how each aspect of the plan is to be a carried out. Much like a business plan serves as a road map for how a small business operates, a project plan provides direction on project implementation.
Business Case What Are the Differences? How Are They Related? The business case is organized around an action or decision, to address business case questions like those given above.
Those questions contrast with the focus of the business plan, which addresses similar issues about the organization or about the business.
The business plan address questions like these: What will the "business" look like in one year? That is, what will its financial position and business performance look like then? How does the business get to those results?
What sales, margins, and revenues can we expect next year? How many years will it take this startup firm to become profitable? Confusion sometimes arises about the differences between the business case and the business plan and the ways they complement each other. In brief, a business plan as it appears above is "all about" the "business" or the organization, or a part of the firm.
The business case is designed to address questions about a single action or decision. Whereas the business plan asks what the business will look like, the business case asks: What will be the consequences in business terms if we take this or that action?
In contrast to the business plan questions above, the business case addresses issues like these: Business cases are designed to answer questions like these about the consequences of an action or decision: What will be the financial consequences if we choose X or do Y?
Are there critical non-financial outcomes can we expect in either case? What will we need as a capital budget next year if we decide to buy the service vehicles instead of leasing them?
Is the investment in new phone technology justified? Is there a positive ROI?
Business Case and Business Plan Compared The table below summarizes and contrasts the essential differences between a business case and a business plan. A single action or single decision and its alternatives.
An organization or the entire enterprise. The plan may cover a single product or product line or the whole organization. Cash flow results and critical non-financial impacts that follow from the action. Business performance of the organization, especially in the main categories of the Income statement.
May include projected Pro-forma Income statements or Balance sheets for future years.Preparing a Business Plan A Guide for Agricultural Producers Bee Keeper Example Province of British Columbia Ministry of Agriculture, Fisheries and Food.
Here are some Sample Business Plan Templates created using MS Word to fulfill everyone’s purpose if they wanted to write a Business Plan.
A Worthy Business Plan is the one that accurately presents all the pros and cons of starting a business. Free business planning and marketing tips, samples, examples and tools - how to write a business plan, techniques for writing a marketing strategy, strategic business plans and sales plans.
Business Purpose and Justifications April Slide 2. 2 Business & Travel Expense Policy Purpose and Business Expense Template Purpose •Level of detail (generic vs. specific) provided in the purpose can be business or the length of time that the data plan covers the iPad.
In the next example. Jun 27, · A business plan is an important tool for managing and growing your business. A well-designed plan lays out a vision of growth and the steps needed to get there.
A plan is also an essential. Use Marketing Plan Example. This marketing plan outline and checklist will help you build your own plan. Define marketing mix from your business' perspective and use a sample marketing plan to provide you with a structure that will help you build an effective plan.